Tenanted Hospitality Unit with 9% Rental Yield in Selb

An already let hospitality property at Mühlstraße 9 in Selb is for sale. At its centre is a restaurant space of approx. 149 m², renovated in 2026 according to the seller, which is used long term under an existing commercial lease. The monthly net cold rent is €750; the unit therefore generates a stated contractual annual net cold rent of €9,000.

The unit combines a dining room with functional areas for running a restaurant. The floor plan documents show a dining room (Gaststätte), kitchen, preparation area, storeroom/office, ancillary rooms, circulation areas and separate sanitary facilities. A conservatory and an outdoor seating area are also marked on the ground-floor plan. According to the seller, the property also includes a generous garden area, an outdoor terrace and double shop windows. Heating is provided by the building's central heating system.

The property is offered as a tenanted commercial unit and is suitable for investors looking for a running tenancy rather than a vacant space yet to be let. The decisive factors for the purchase are the contractual rental terms and the exact allocation of the unit and its outdoor areas in the land register (Grundbuch).

• Address: Mühlstraße 9, Selb
• Commercial unit: approx. 149 m² according to the seller
• Overall plot: approx. 1,264 m² according to the seller

The area of 149 m² comes from the seller and has not been checked against a certified area calculation. The plot figure of approx. 1,264 m² refers to the overall plot; which share of the plot legally belongs to the unit on offer has not been evidenced. The enclosed extract from the cadastral map at a scale of 1:1000 is dated 9 December 2003. It shows the surroundings of Mühlstraße and the neighbouring parcels, but is not suitable for determining beyond doubt the plot area belonging to the restaurant unit or the exact parcel allocation.

The plan documents cover the ground floor with restaurant and ancillary areas, the upper floor and attic floor with flats, the cellar room with heating and a building section. The ground-floor plan marks the restaurant, kitchen, conservatory, outdoor seating area, men's WC, ladies' WC, corridor, storeroom/office, preparation area, cloakroom and ancillary rooms.

The flats on the upper and attic floors are not part of this offer. They appear only because the plans show the entire building. Whether the garden, conservatory and outdoor seating area are allocated as separate ownership (Sondereigentum), common ownership (Gemeinschaftseigentum) or an exclusive right of use (Sondernutzungsrecht) is not documented.

According to the seller, the hospitality unit was renovated in 2026. Details of the scope, trades, invoices, permits and acceptance records are not available.

• Divided into dining room, kitchen, preparation area, storage/office area, sanitary facilities and circulation areas
• Conservatory that can support the restaurant atmosphere and the variety of use; its legal usability and any approval have not been evidenced
• Outdoor seating area and, according to the seller, a large garden area for outdoor service, where permitted under the lease and public law
• Double shop windows according to the seller, creating a visible link between the interior and the street
• Building's central heating system; energy source, age and billing are not known

No information is available on ventilation, grease separator, fire protection, restaurant licence, kitchen equipment, inventory or accessibility. The plans are records of the existing building and do not confirm today's technical condition. Current photographs of the renovated unit are not yet available.

The commercial unit is at Mühlstraße 9 in Selb, a town in the Wunsiedel im Fichtelgebirge district of Upper Franconia. The address lies in an urban setting with established buildings. For restaurant users, the combination of interior space, conservatory, outdoor seating area and the garden area described by the seller can create a special quality of stay.

Footfall, parking availability, visibility, public transport and the competitive environment have not been assessed. As the tenancy already exists, the investment approach rests on the current lease and not on an assumed new letting.

More on the property market in Selb.

The property is offered as a running investment. The main economic advantage is the existing commercial lease with a remaining term of around five years according to the seller. The 2026 renovation can support the unit's practical value. The functional areas in the plans show a clear restaurant layout with dining room, kitchen, preparation area and sanitary facilities. According to the seller, the conservatory, outdoor terrace and garden offer additional spaces for guests with which a restaurant business can stand out.

Any change of use, extension of the outdoor seating or structural alteration requires the necessary rights and, where applicable, official approval. A rent increase or a later new letting on better terms is not assured. The flats on the upper and attic floors are not part of the sale and are not included in any figure. No potential for extension or change of use is advertised as approved.

• Heating: central heating system of the entire building (according to the seller)
• Energy source, year of installation and maintenance status of the system: not known
• Energy certificate (Energieausweis): not available; certificate type, rating figure and efficiency class are open
• Hot water, ventilation, cooling technology, electrical capacity, fire protection technology and sound insulation: no information

The plans show a zone in the cellar labelled as heating. This does not establish that the system belongs only to the unit on offer, or which heating costs the owner bears. Usability as a restaurant is plausible given the current operation; however, permits, operating licences and building acceptance records have not been presented.

The rental yield of 9.0% is a calculated gross figure before non-recoverable running costs, maintenance, vacancy, financing, incidental purchase costs and taxes. It is neither a guaranteed net return nor a rent guarantee.

Example incidental purchase costs: buyer's commission at 3% plus 19% VAT €3,570, land transfer tax (Grunderwerbsteuer) in Bavaria at 3.5% €3,500; notary and land register costs are added. The actual allocation of costs and the legal form of the acquisition must be checked in each individual case.

Information on the allocation of operating costs, deposit, the tenant's creditworthiness, the VAT option, rent adjustment and termination rights is not yet available. A reliable net cash-flow calculation is only possible with the lease and a statement of costs.

For sale is a tenanted hospitality unit at Mühlstraße 9 in Selb at an asking price of €100,000. According to the seller, the unit has been ready for operation and let since the 2026 renovation. The details of area, plot size, renovation, lease term, rent and features come from the seller; the room names and the organisation of the building come from the available plans.

The subject of the sale is exclusively the specific hospitality unit to be transferred, with the rights legally allocated to it. The entire plot and the flats in the building are not part of the offer.

Buyer's commission: 3% of the notarised purchase price plus statutory VAT (3.57% in total at 19% VAT). Handover by arrangement, with the existing lease continuing.

All information is provided without guarantee; errors and prior sale excepted.