Classic Villa for Sale near Rostock Germany

	Commercial and Residential Building South of Rostock Deutsch
Kind of Property	Detached Landmarked Period Building
Year of Construction around	1925
Renovation	2001 (incl. new roofing)
Site approx.	1,321 sqm / 14,214 sq. ft.
Construction	Solid Structure
Stories	2-story plus converted Loft Space
Medical Practice Rooms	10 (incl. Portion in Basement)
Medical Space approx.	204 sqm / 2,195 sq. ft.
Residential Rooms	3 (2 BR)
Living Space approx.	66 sqm / 710 sq. ft.
Additional Usable Space approx.	55 sqm / 592 sq. ft. (Cellar)
Total Floor Space approx.	325 sqm / 3,497 sq. ft.
Current Use	On-going Dental Practice, Let Apartment
Annexe	5 Parking Places and a small wooden Tool Shed
Monthly Net Rent Dentist	EUR 1,860 plus operating costs
Monthly Net Rent Flat	EUR 400 plus operating costs
Total Monthly Net Rent	EUR 2,260 plus operating costs
Total Annual Net Rent	EUR 27,120 plus operating costs
Sales Price	EUR 300,000
Cap Rate	11-times the Rent Roll
Rental Yield	9%

Visual Impressions

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Further Details

Location/Information	Federal State of Mecklenburg-Western Pomerania District of Guestrow East of airport Rostock-Laage Municipality of around 5,900 inhabitants Good local amenities i.e. discount grocery store diagonal of the property Primary roads B 103 and B 108 Motorways A 19 and A 20 approx. 30 km South of Rostock approx. 200 km North of Berlin
Description/Features	Landmarked building of architect Paul Korff South orientating winter garden and balcony Winter garden has own access into the garden Plastic insulated windows, partially wooden windows Roof top windows on attic floor Oil-fired central heating system of 1990 Hot-water supply by electric continuous-flow water heaters Laminate, carpet, PVC and tile floorings Developed land, except TV cable (satellite TV)
Layout Ground Floor Medical	Reception, 2 Offices, Winter Garden, Hallway, Staircase
Layout 1st Floor Medical	3 Surgeries, 1 Preparatory Room, Balcony, Hallway, Staircase
Layout Basement	Lab/Technic Room, Staff Room, Patient's Toilet; Boiler Room etc.
Layout Top Floor	2 Bedroom Apt. (3 Rooms in total), Living Area with open-plan Kitchen, Shower Bath, Separate Toilet, Hall, Staircase
Miscellaneous	The offer is subject to confirmation and free of commission for the buyer. Details based on statements of the owner. We can't assure for their correctness and/or their wholeness consequently. Errors in detail and transmission as well as mistranslation reserved.

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