NOACK ImmobilienberatungBerlin Property

High Yielding Commercial Property (Auto Repair Shop) for Sale in Hannover



Commercial Property (Auto Service & Repair Shop)
Bornumer Str. 168
DE 30453 Hannover

Land Area approx. 6,103 sqm / 1.51 acre
Supply Connections Available
Terrain Surface Almost even
Kind of Property Workshop building with sales area and parking spaces
Year of Construction about 1978 (origianlly DIY store)
Conversion 2008
Basement Small section with basement
Heat Central gas
Energy Saving Cert. (July 24, 2007) 416.3 kWh/(sqm*a) primary energy consumption (for existing buildings)
Floor Space approx. 2,791 sqm / 30,031 sq. ft.
Parking Spaces about 44
Occupancy Tenanted (until November 30, 2023)
Monthly Rent (cold) about EUR     17,300 plus utilities and plus German VAT
Annual Rent (cold) about EUR    207,600 plus utilities and plus German VAT
Purchase Price EUR 2,400,000
Rental Yield / Cap Rate about 8.7 % / 11.6-times
Commission Fee Free of commission for the purchaser
 Location and Pictures of Property

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 Property Details
Location The property is located in Hannover, capital of federal state Lower Saxony. Hannover has 13 district and 51 subdivisions and a total of about 523,600 inhabitants.

Main industries are auto industry, commercial vehicle producer, engineering, food & beverage industry, breweries as well as writting materials manufacturer. Furthermore ther are banks, financial services and insurances. Hannover is also know for to be an important traid fair & media city which also comes with 9 institutions of higher education.

The land sits at the corner of cross road "Im Dorfe" (opposite to Nenndorfer Chaussee) next to the access way onto B 65 federal road, Bückeburger Allee. There's high traffic volume. Right at the property are 2 bus stops (lines 500, 581). City train station Hannover-Bornum (S1, S2) is only about 700 m away, which is just a 10 min walk.

By car it's an about 5 km drive to reach the city center (around town hall), about 18 km to airport Hannover (in Langenhagen), about 205 km to reach central station in city of Dortmund and about 250 km to be in central Berlin.
Description The building from 1978 originally was a DIY-store. In 2008 the street-facing section was converted into the today's shape. It's a precast reinforced concrete construction (F90) with solid inner walls and flat roof. There is a partial basement in the northern section. There one can find staff and office rooms on ground floor and the basement houses bathrooms and technical rooms. The sales room is at the N/E corner right at the driveway. The workshop and service area has 10 sectional garage doors at the east and south side of the building, followed by storage area.

Depending on the use of the rooms the insulated windows are either aluminum framed (service/sale) or plastic (staff). The property has central gas heating incl. hot-water supply. A certificate of the energy saving for existing buildings is available which states a primary energy demand of 416.3 kWh/(sqm*a).

There are about 44 outdoor parking spaces available.

The use or sublet of the hall resides with the tenant.
Miscellaneous We have mandate in writing from the owner/seller. The offer is subject to confirmation and free of commission for the purchaser.

Details based on statements of the owner/seller. We can't assure the accuracy and/or completeness. Errors in detail, transmission and translation reserved.
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