Characteristic building with catering and residential function on the Markt in Reichenbach, Upper Lusatia - Germany

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About this lot

In the middle of the historic market square of Reichenbach (Oberlausitz), a short distance from the world-famous town of Görlitz, stands this spacious building with a rich history. The building has had a catering function on the ground floor for many years, while the upper floors offered space for two families.

With a total area of approx. 450 m² (excluding the spacious attic), this property offers enormous development opportunities. Its location, right on the market square, makes it a unique investment object for entrepreneurs, investors and creative developers.

Possible destinations
• Bed & Breakfast or Boutique Hotel: thanks to its spacious layout and strategic location near Görlitz, Poland and the Czech Republic, it is an excellent base for tourists.
• Catering with upstairs apartments: the ground floor can once again serve as a restaurant, café or retail space.
• Multiple apartments: with the large attic and floors, various residential units can be realized here.
• Living/working combination: ideal for creative entrepreneurs who want to combine living and business.


Property condition The building is offered in a state to renovate. The photos honestly show the current situation, but also the enormous potential: the ground floor as a catering facility, the floors as apartments or B&B rooms, and the attic as a luxury loft or extra accommodation space.

Details
• Center location directly on the Markt.
• Authentic character with many possibilities.
• More than 450 m² of living / usable space + expansion possibilities in the attic.
• Suitable for commercial and private purposes.
• Will be auctioned in its current state (as is).

Photos have been published, which are an artist's impression, to show what the possible possibilities are!

For the full text open the file under documents!
Lot number:
A1-37683-1

Lot specifications

Quantity
1
Margin
Yes
City
Reichenbach
Address
Am Markt 18
Plot size
450

Documents

Attention please!
• It is an auction only by auction. No exit is organized; • During the auction, we may approach active bidders by telephone or in writing to check bids and ask for bank statements. We do this to protect bidders and the bidding process. It is therefore important that you as a bidder can be reached during the auction. Troostwijk reserves the right to block accounts during the auction. • After the client has been awarded, a deposit note of 30% of the purchase price must be paid within 48 hours, + auction costs must be paid; • After receipt of the deposit, the purchase agreement is drawn up and signed at a notary; • The appointed notary sends a purchase contract including the date of the notarial transfer, if the highest bidder cannot be physically present, the purchase contract must be signed via an apostille. • Payment of the other costs must be made after signing the purchase agreement; * The object is sold through an auflassungsvormerkung; • Please note: a bid placed is unconditional and irrevocable; • 21% VAT is charged on the auction costs; • This sale comes with an 'as is, where is' clause. The object comes with the furniture and items that are still present on site. • The terms and conditions of use and the legal relationships that arise with regard to the auction are governed by Dutch law, the purchase contract is governed by German law. • Troostwijk Auctions Real Estate • Overschiestraat 59 • 1062 XD Amsterdam • realestate@troostwijkauctions.com • Tel. +31(0)85 – 107 43 03

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