Supermarket, Hesse, Germany

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Supermarket, Hesse, Germany

4,350,000 €
2,969 € /m²
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  • Total area
    1,465 m²
  • Yield
    5.4%
  • Built in 
    2018
Details
Property parameters
  • Land area: 6,500 m²
  • Number of parking lots: 90
Financial performance
  • Annual income: 235,714 €
Tenants
  • End of lease: 2033
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Two commercial buildings.

Description

Total area of the property is 1,465 m²

There are supermarket and restaurant on this land plot.

The purchase price includes parking for 90 cars.

The projected supermarket will be the only one food discounter in this area.

Financial performance

Absolute annual income is 235,714 €.

The current yield of 5.4%.

Tenants

The anchor tenant is a large supermarket chain.

The second tenant is a fast food restaurant chain.

The lease agreements are signed for 15 years with extension options for 3x5 years.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 6%.

The broker's fee of 6%.

Location and nearby infrastructure

The property is situated in the city with the population of more than 25 thousand people, close to the city of Kassel. There are a gas filling station, a plant and a motorway in proximity from the property.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Hessen.

All ads in the country: supermarkets for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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