The property is located in a prime city centre location in Bremerhaven on Bürgermeister-Smidt-Straße and is let to C&A on a long-term lease. The building is located opposite the planned development of the Karstadt area. Against this background, a positive development of the city centre location is to be expected in the future.
Due to the existing architecture, the upper floors can be redesigned in line with a new mixed-use concept so that they can be converted to alternative new uses, such as officesor medical practices. This perspective for repositioning is to be implemented in the medium term in close coordination with the main tenant. The value and fungibility of the building should be significantly enhanced by such a conversion.