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Extraordinary Maritime Restaurant Prime Location At North Sea For Sale

Wilhelmshaven, Lower Saxony, Germany
Asking Price:
€870,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
On request
Cash Flow:
On request

This is a ‘one of a kind’ business for sale including the property itself full of priceless vintage maritime collectable items from all around the world.
It is suitable for daily restaurant operations, events and could also serve as a unique office building.
Constructed in 2003, it sits on a leasehold plot (hereditary building right) measuring approximately 1,366 m². With a total floor area of 676 m², the building offers ample space for a variety of uses.
The hospitality facilities include the restaurant, featuring a dining hall with a bar counter, a club room, a conservatory, a kitchen, a pantry, a storage area, and separate restrooms.
The building also offers office space, a meeting room, and a separate restroom, providing a professional environment for business activities and meetings.
Two additional offices are located on the upper floor.
The outdoor area includes a terrace, perfect for open-air events or relaxing breaks in the fresh air.
Furthermore, there are 6 dedicated parking spaces available for staff and visitors.
The current annual ground rent (leasehold fee) for the property is €2,458.80; this amount is subject to adjustment based on current market conditions.
The leasehold agreement runs until December 31, 2031, with the possibility of an extension upon transfer of the contract. The intended use of the premises is restricted to activities that are, in the broadest sense, "harbor-related."

Property Information

Real Estate:

Real Property Included

Living Accommodation:

if for maintenance staff/grounds keeper

Location:

Prime location right at the edge of the North Sea, inside of 'Deich' (protects property from floods)

Premises Details:
  • Total 1,366 m² with floor area of 676 m²
  • Year of construction of building: 2003
  • Gas-fired condensing boiler located in the attic, serving both units
  • Double-glazed uPVC windows
  • Most recent modernization in 2016
  • Wooden flooring
  • Underfloor heating throughout the entire building
  • Shared laundry and drying rooms
  • 6 parking spaces
  • Restaurant with kitchen
  • Office space
  • Outdoor terrace
Size in square feet:
Total 1,366 m² with floor area of 676 m²

Business Operation

Management type:
This business is owner operated.
Competition / Market:

Some restaurants around, mostly seasonal businesses

Reasons for selling:

owner retired

Employees:
none
Years established:
since 2003, currently not operational

Other Information

Furniture / Fixtures value:
€150,000 - included in the asking price
Inventory / Stock value:
€100,000 - included in the asking price
Business closed / Asset sale:
Yes