It is a large store of electronics and appliances.
Description
Total area is 3,293 m²
Building is in good condition.
All premises are leased out to a single tenant.
Financial performance
Absolute income is 264,000 €.
The current yield of 8.3%.
Tenants
The tenant is one of the largest store chains of electronics and appliances in Germany and all around the world.
The lease agreement is valid through October 2023 and includes extension options for 2x5 years.
Transaction costs
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The broker's fee of 4%.
Location
The property situated in the shopping area of Bavarian city, close to the public transport stop.
