Supermarket, Vienna, Austria

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Supermarket, Vienna, Austria

6,500,000 €
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Total area: 1,952 m² Yield: 3.9% Built in 1871
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Features
  • Operating Incomе: 254,314 €
  • Land area: 1,191 m²
  • 2-floor building
  • Acquisition tax: 3.5%
  • Broker: 3.0%

A supermarket with a restaurant on the second floor in the center of Vienna.

Description

The property was built in 1871 and it is protected by the state as a monument of architecture. 

The building is in good condition, the tenant has invested a large amount in the inventory and equipment of the supermarket.

Financial performance

The absolute annual income is 254,314 €.

The current yield of 3,9%.

Tenants

TThe building is fully rented by two companies.

The anchor tenant is an international supermarket chain with a turnover more than 27 billion euros per year.

The lease agreement is valid until 07.09.2022 and includes extension options.

The second tenant is a famous local restaurant.

The lease agreement is valid until 30.09.2023.

Transaction costs

Fee for entering into the cadastral book is 1,1%.

Acquisition tax is 3,5%.

Brokerage fee is 3% + VAT 20% (total 3,6%).

Location

The property is located in the center of Vienna, in a densely populated residential area, at the intersection of two central transport arteries.

There are several public transport stops in the square on which the building is located. The place is characterized by a large number of pedestrians passing by the building. The square is the center of attraction for people from neighboring neighborhoods. 

The surrounding neighborhoods are densely populated residential buildings.

There is a train station and a metro station not far from the property.

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in Austria.

You can see more supermarkets for sale in Vienna elsewhere on our website.

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Enquire about this supermarket
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Vienna
+44 20 3608 1267
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