Shop, Bavaria, Germany

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Shop, Bavaria, Germany

980,000 €
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Total area: 2,531 m² Yield: 8.6% Built in 1992
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Features
  • Operating Incomе: 84,000 €
  • 1-floor building
  • Occupancy: 100%
  • Number of parking lots: 23
  • End of lease: 2023
  • Notary (state registration): 2.0%
  • Acquisition tax: 3.5%
  • Broker: 7.1%

Clothing shop in the center of the town.

Description

The trade area of the property is 928 m².

There is parking for 23 cars on the plot.

The building was built in 1992. The shop is in good condition.

Financial performance

Absolute annual income is 84,000 €.

The current yield of 8.6%. 

Tenants

The tenant is a chain of clothing stores, numbering more than 2 thousand branches in Europe

The lease agreement is valid through 28.08.2023.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

Brokerage fee is 7.14%.

Location and nearby objects

The town with a population of about 50 thousand people is situated in Bavaria.

The building is located in the industrial zone with good attendance, close to the federal road that leads to the center of the town and connects the town with the motorway. There is a pet shop, a specialized construction shop, Europcar car rental and McDonald's fast food restaurant nearby.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Germany.

You can see more retail space for sale in Bavaria elsewhere on our website.

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Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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