Store of a well-known retail chain, Vienna, Austria

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Store of a well-known retail chain, Vienna, Austria

500,000 €
1,650 € /m²
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  • Total area
    303 m²
  • Yield
    4.1 %
  • Rental rate (m²/month)
    5 €
  • Built in 
    1968
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Details
Financial performance
  • Annual income: 20,622 €
Tenants
  • Occupancy: 100 %
Transaction costs
  • Broker: 3.0 %

A store of products for beauty and health of a well-known retail chain in Vienna.

Description

A store on the ground floor of a residential building.

The store is in good condition, undergoing maintenance.

Financial performance

The absolute annual income is 20,622 €.

The current yield is 4,1%.

Tenants

The tenant is a well-known chain of health and beauty products stores, owned by a large German company. The chain has more than 600 stores in Europe.

The lease agreement is indefinite (since 1997).

Transaction costs

Brokerage fee is 3% + VAT 20%.

Location

The store is located in the center of a densely populated 13. district of Vienna, surrounded by apartment buildings.

Vienna is the capital of Austria. The population of the city is about 1,900,000 people.

Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna 9 times in a row took the 1st place in the world for quality of life (Economist, 2018).

Public transport is well developed in Vienna, a chain of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.

The Old Town of Vienna and Schönbrunn Palace are listed as a UNESCO World Heritage Site.

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    Location right down to the building, street or city
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Statistics in Vienna

Price per m², €
6,308
Healthcare efficiency level
80
Index 80 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
77
Index 77 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 6,308.13
Apartment in a bedroom community, m² 3,870.08
Transport Price, €
Public transport, 1 ride 2.4
Monthly travel card 47.0
Taxi, 1 km 1.3
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.58
Milk, 1 l 1.03
White bread, 500 g 1.77
Eggs, a dozen 3.11
Chicken fillet, 1 kg 9.84
Education Price, €
Kindergarten, per month 200.9
International school, per year 15,933.33
Health care index
Staff competence 82.74
Medical equipment 92.34
Research accuracy and completeness 82.11
Attitude towards patients 69.47
Security index
Crime rate 20.2
The risk of being robbed 19.13
The risk of car theft 19.75
The risk of break-in and property damage 28.48

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Sofia Bulanova
Sofia Bulanova
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+44 17 4822 0039
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