+44 20 3608 1267
Supermarket in Freistadt district with a 5,9% yield

Photos available on request

Supermarket in Freistadt district with a 5,9% yield

1,800,000 €
Submit request
Total area: 956 m² Yield: 5.9%
  • Absolute return: 106,266 €
  • Land area: 4,771 m²
  • Built in 2013
  • 1-floor building
  • Renter: 100%
  • Number of parking lots: 54

It is a supermarket in one of the communes of Freistadt.

Description

The building with total area of 956 m² was constructed in 2013.

The plot of 4,771 m², owner's part of 2,309 m² of land, the rest is rented until 2057.

Supermarket has retail premises area of 582 m², storage rooms area of 280 m² and common areas of 67 m².

The property is in good overall condition, there is a parking for 54 cars.

Supermarket is fully leased out to a major tenant.

Financial performance

Absolute income is 106,266 €.

The current yield of 5,9%.

Tenants

Tenant is a Dutch supermarket chain SPAR, founded in 1932.

The company has more than 15,000 stores in 34 countries and annual turnover of more than €27 billion.

The lease agreement is unterminable until 2023.

Purchase costs regulated by law

  • Transfer tax 3.5 %
  • Agent commission 3.6 %(incl. VAT), for buy-to-let investors 3 %
  • Registration fee 1.1 %
  • Legal fees 1.2–2.4% (incl. VAT), for buy-to-let investors 1–2 %

Similar listings

We are looking for similar ads

Natalya Latikova
Natalya Latikova
Real Estate Expert Tranio in Upper Austria
+44 20 3608 1267
Free advice on real estate in Upper Austria
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%