Sale of Commercial Building with tenants near Dusseldorf
This commercial building is currently undergoing renovations. The 2 upper floors are renovated and leased to a very good tenant for 10 years with the right to further extend the contract. The company provides medical and advisory assistance to young people. The city allocates money for this work. The firm has been renting this space for many years and has signed a new lease for 10 years.
On the ground floor renovations are being completed and negotiations are underway to conclude a lease agreement with several tenants, also for a long period. Since the location is very good and the rent is not high for this place, it is not difficult to find a tenant.
Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.