Medical practice for capital investors with over 4% yield

This is a very interesting property for capital investors due to the high yield and the prospect of a long-term, uncomplicated letting with very reliable tenants and high income.

Two properties of 110m² and 160m² are being sold, both of which are let to a doctor on a long-term lease. The current tenancy agreement runs for another 7 years (until Dec 2031), the tenancy has been in place for over 30 years. The succession/continuation of the practice is guaranteed.

The practice premises are in very good condition and are treated with great care by the tenant. The rent for both properties together is €27,600 p.a., including three underground parking spaces. The tenant makes regular and punctual payments.

The practice is located on the 1st floor of the building and has two entrances, the main entrance has a stairwell with elevator (barrier-free, patient access), in the rear part there is a second stairwell, through which the employees can enter the practice rooms.
The building has been regularly maintained and currently has a maintenance reserve of around €350,000.

The two practice rooms each have 2 underground parking spaces. These are to be sold for €12,500 each (€50,000 in total). One parking space is currently rented to a tax consultant in the building (for €40 p.m.). This parking space can be terminated at short notice.

Overall, the rental income of €2,340 per month results in a yield of over 4%.

The medical practice is located in the city center of Eislingen (South) in a central location with parking facilities and very good public transport connections. There is a large parking lot behind the building, which is shared with a discount grocery store. There are several bus stops in the immediate vicinity (approx. 100m) and Eislingen train station is only 200m away.