Shop, Baden-Württemberg, Germany

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Shop, Baden-Württemberg, Germany

1,680,000 €
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Total area: 1,500 m² Yield: 7.14% Built in 2010
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Features
  • Operating Incomе: 120,000 €
  • Land area: 5,011 m²
  • 1-floor building
  • Occupancy: 100%
  • Number of parking lots: 30
  • End of lease: 2023
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0%

A supermarket with a very well known German retail chain as a tenant.

Description

The area of a building is 1,500 m².

There is a parking for 30 cars in the territory of the property.

Financial performance

The absolute annual income is 120,000 €.

Current yield is 7.14%.

Tenants

The tenant is a large chain of clothing stores, numbering more than 300 branches in Germany. The annual turnover of the company exceeds 300 million euros.

The lease agreement is valid through 2023 and has the possibility of extension.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 5,0%.

Brokerage fee is 3% + 19% VAT (in total 3.57%).

Location

The property is located in one of the towns of the federal state of Baden-Württemberg with a population of around 10 thousand people.

The distance to Würzburg — 60 km.

More properties

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

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Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services