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.
The absolute annual income is 20,622 €.
The current yield is 4,1%.
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).
Brokerage fee is 3% + VAT 20%.
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.