It is a supermarket in one of the communes of Freistadt.
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.
Absolute income is 106,266 €.
The current yield of 5,9%.
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%