A detached building with retail premises.
Description
Total area of the property is 8,663 m²
The shopping center consists of 4 shops.
The building was built in 2000.
The purchase price of the property includes a parkign for 212 cars.
Financial performance
Absolute annual income is 737,925 €.
The current yield of 6.8%.
Tenants
The anchor tenant is a large appliance shop chain.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The broker's fee of 4%.
Location and nearby infrastructure
The shopping center is located in Hannover. Public transport stops are situated within walking distance from the property.
