Retail & hospitality in Oberfranken – locations that live and do business
Owner-run boutique, chain store, supermarket or restaurant – the market for retail and hospitality property in Oberfranken is multi-layered, locally shaped and full of potential. FrankenImmo connects owners with operators and investors with space – always with a focus on long-term use and sustainable customer footfall.
Inhalt dieser Seite (9)
- Regional diversity meets economic strength
- Our services for owners
- Support for tenants, operators & investors
- Examples from practice
- What makes FrankenImmo special
- Our ambition: spaces for people – not just for numbers
- Retail space: what determines the value
- Restaurants: special requirements
- Vacancy: new uses
Currently for sale: See 1 commercial property for €100,000
Key points at a glance
- In retail, footfall, visibility and neighbouring businesses determine the value of a space.
- Food stores and local suppliers are considered stable tenants; small shops in secondary locations are riskier.
- Restaurant premises need suitable technical equipment, a licence and permits.
- Vacancy in secondary town-centre locations is a real risk – flexible use concepts help.
- We broker space to retailers, restaurateurs and investors throughout Oberfranken.
Regional diversity meets economic strength
Oberfranken combines established town centres with modern infrastructure. Pedestrian zones, weekly markets, tourist centres, proximity to railway stations – every place has its own character. The challenge: bringing together the right property with the right use.
Market data 2024:
- Ø rent for retail space in Hof town centre: €8.50–11.00/m²
- Ø rent for restaurant space in Bayreuth's old town: €9.20–13.50/m²
- Ø growth in sales area since 2020: +7%
- Demand for outdoor areas for restaurants: +22% since 2022
Our services for owners
- Location assessment taking into account passing trade, footfall and parking
- Preparation of use studies and modernisation strategies
- Target group marketing focusing on retail chains, franchises and local restaurateurs
- Brochure development, rent calculation, credit checks
- Contract drafting and handover, including consultations with the authorities
Support for tenants, operators & investors
- Location analysis (purchasing power, competitors, tourism density)
- Support with permits (restaurants, outdoor seating, noise)
- Advice on conversion, fit-out and restaurant kitchen concepts
- Brokering suitable space in prime and emerging locations
Examples from practice
- Letting of a 180 m² restaurant space with a terrace in Marktredwitz
- Placement of a former textile store with a drugstore chain in Naila
- Sale of a mixed-use residential & commercial building in Helmbrechts
- Bringing a delicatessen to the pedestrian zone in Selb
What makes FrankenImmo special
- Local expertise in retail locations & footfall hotspots
- Experience with start-ups, franchises and restaurant operators
- Access to operator networks & decision-makers
- Support with concept development & lease negotiation
Our ambition: spaces for people – not just for numbers
Retail and hospitality are lively sectors. They are about emotion, experience and encounters. We believe a good location is not just an address – it is a stage. And we make sure the right play is performed there.
We do not just broker properties – we accompany people, ideas and concepts on their way to success.
Get in touch now – we will find the right location for your vision.
Retail space: what determines the value
| Factor | positive | negative |
|---|---|---|
| Location | prime (1a) location, pedestrian zone, local shopping centre | secondary location with vacancies |
| Footfall | many passers-by, parking | little passing trade |
| Tenants | food, drugstore, chain stores | new concepts without a track record |
| Space | ground level, good shop-window frontage | awkward layout, several levels |
| Lease | long term, indexation | short term, special termination rights |
Restaurants: special requirements
- Extraction and kitchen equipment, grease separator, adequate power supply
- Restaurant licence (Gaststättenerlaubnis) and planning permission for restaurant use
- Parking spaces and noise protection, especially for outdoor dining
- Toilets and accessibility as required
- Clear contractual rules on fixtures and fittings and transfer payments
Vacancy: new uses
If a shop unit can no longer be let as a shop, other uses can make sense: a practice, office, service business, showroom or – once approved – residential. A location analysis shows which use will work. → Location analysis
Frequently asked questions
Is buying a shop unit worthwhile as an investment?
In good locations with a solid tenant, yes – the yields are higher than for flats. In secondary locations the vacancy risk is high. Check the tenant, lease term and location particularly carefully.
What should I look out for when taking over a restaurant?
Besides the lease: the restaurant licence, the condition of the equipment, the fixtures and fittings taken over and any conditions imposed by the authorities. Ask to see the permits.
What is your property worth today?
A market-based valuation using real comparable sales from Upper Franconia – free, without obligation, usually within 48 hours.
- One personal contact for all of Upper Franconia
- Reply usually within 24 hours