A market in flux — and what that means for price
Video booths and cinema rooms have lost significant importance through digitisation. Many businesses today survive as part of a larger concept: as a cinema room within a club, as an event space, or as an add-on alongside a bar and room area. As a standalone business model, pure cinema operation no longer supports itself in most locations.
For valuation this means the value rarely lies in the ongoing cinema business, but in the floor area, the location, and what will be permissible there in future. Anyone buying such a property is generally buying conversion potential, and should have that checked in advance rather than hoping for the best.
Currently on offer is a detached commercial building in Villingen-Schwenningen: 576 sqm of lettable space on a 1,064 sqm freehold plot, nine rooms, seven of them with en-suite bathroom and WC, plus a Finnish sauna, an XXL whirlpool, a cold-plunge pool, a bar, a club room, a cinema room, a mirror room, a covered inner courtyard, eight parking spaces and two garage spaces. The building has been run continuously since 1991 as a naturist sauna club and prostitution establishment and is free of existing leases or tenancies. Purchase price €848,000.


