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.
The absolute annual income is 254,314 €.
The current yield of 3,9%.
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.
Fee for entering into the cadastral book is 1,1%.
Acquisition tax is 3,5%.
Brokerage fee is 3% + VAT 20% (total 3,6%).
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.
