A supermarket under construction with a large retail chain as a tenant in Bavaria.
Transaction type: Forward Deal.
The absolute annual income is 470,000 €.
The current yield is 5,1%.
Bank financing is possible.
The tenant is a large supermarket chain with more than 4,000 stores in Germany. The company's annual turnover exceeds 50 billion euros.
The lease agreement is valid for 15 years.
The contract provides for the indexation of rent.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 3,5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
A supermarket is being built in one of the regional centers of Bavaria, in a busy part of the town with convenient access roads. The population of the town is about 30,000 people.
There are shops, a restaurant, a gym, a car workshop, a bank near the supermarket.
The distance to Ingolstadt is about 15 km, to Munich — about 95 km.
Bavaria is the largest in terms of area among the 16 federal states of Germany, it has the largest economic and scientific potential and it is in the lead in terms of economic growth. The population of Bavaria is more than 12 million people. The capital city is Munich.
Machine building is played the most important role in the economy of Bavaria, in particular, the automobile industry and the aerospace industry. Electrical engineering, precision mechanics, optics, the production of medical equipment, and the chemical industry are also developed.
The well-developed areas of Bavaria are:
- metropolitan area of Munich (BMW, Audi, MAN, Knorr-Bremse, Seimens, Infineon Technologies, Microsoft, ProSiebenSat1, Sky Deutschland, Kabel Deutschland, publishing house Burda, EADS, Krauss-Maffei Weggmann)
- Augsburg area (EADS, KUKA, UPM-Kymmene)
- Ingolstadt (Media-Saturn-Holding)
- ”Bavarian chemical triangle“ between Lake Chiemsee and the Inns and Salzach rivers)
Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 million people.