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This property has already been sold!

Auerbach - Residential and commercial building for sale in Auerbach-1,529 lettable sqm multi-family house near Plauen

Equipment

Most of the building features1) Roof covering
  • Natural slate roofing / roof dome with copper cladding (repair necessary)
Division of the units1) Ground floor with approx. 147 m² rentable commercial space
2) 1st-3rd floor each with approx. 299-305 m² of rentable commercial space
3) 4th floor maisonette flats with approx. 470 m² of lettable living space
EquipmentThe residential and commercial building on offer is a typical apartment block for the town of Auerbach from the 1900s. The building was renovated in 1993-1994.

2) Brickwork
  • Brick masonry with partially coloured exterior plaster

3) Windows
  • Plastic composite windows with insulating glass on the 4th floor (residential floor)
  • Velux wooden windows on the top floor living level
  • Wooden box-type windows on ground floor-3rd floor commercial floors (3rd floor already replaced with new wooden composite windows)

4) Heating
  • Gas central heating in the boiler room for the commercial areas on the ground floor - 2nd floor
  • 3rd floor and residential units have their own gas central heating systems

5) Local development
  • Fresh water - natural gas - electricity - telephone/DSL (fibre optics already installed)

6) Waste water
  • integrated into sewerage system

7) Parking spaces
  • Own driveway with approx. 18 parking spaces available / public traffic areas in front of the property

8) Balcony system
  • Balcony support structure for the commercial areas 1st floor-3rd floor and residential unit 2.1.

Object notes

Beschreibung1) Building
  • Repairs to exterior plaster on the courtyard side necessary in the medium term
  • Extension of the balcony system may require approval via building application
  • Wooden box-type windows in the commercial units on the ground floor - 2nd floor (renewal to be checked with the monument protection authority if necessary)
  • Sealing of the balcony located on the inner courtyard extension must be checked

2) Commercial units
  • 2nd floor is an individual listed building and has unusual wall and ceiling panelling as well as lead ornamentation in individual windows
  • The ground floor needs to be repaired and, if necessary, the dampness caused by prolonged vacancy needs to be drained
  • 1st floor can be let with little renovation work

2) Flats
  • One of six flats is currently still vacant
(no refurbishment required, only basic cleaning and re-letting activities are required)
  • If necessary, maintenance of the gas heating system must be carried out before re-letting

3) Property
  • Own car access to the inner courtyard is available / there are currently 18 parking spaces available to tenants in the building
  • Standard land value is 38.00 EUR/m² (as of 31.12.2020 by the expert committee)
  • In 2021, a comprehensive road renovation was carried out, which is expected to be completed in March 2022
  • The following parcels of land belong to the apartment building with the respective designated areas 573/7 (153m²), 573/8 (157m²), 1439/2 (314m²), 573h (530m²), 573l (280m²)

4) List of building encumbrances
  • The enquiry of the register of building encumbrances revealed no negative entries

5) Calculation of target rent p.A.
  • 1,526m² rentable area * 4.50EUR/m² *12 months = 82,404 Euro target rent without NK

6) Listed building
  • the residential and commercial building was added to the list of cultural monuments in 1993
  • During the renovation work in 1993-1994, the ceiling and wall paintings were reconstructed, among other things, and the preserved beech wood stair railing and the entrance door were also extensively repaired.
  • box-type windows were refurbished and existing leaded glass windows reconstructed
  • The commercial unit on the 2nd floor was extensively reconstructed in accordance with the guidelines for listed buildings

This property has already been sold!

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