Fast food restaurant with a well-known chain tenant on the border with Switzerland.
Financial performance
The absolute annual income is 156,000 €.
The current yield is 5%.
Tenants
Tenant is Burger King, the second-largest worldwide fast-food chain with more than half a century of a history.
The lease agreement is valid for 16 years with extension options for 3x5 years.
Transaction costs
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
Location and nearby infrastructure
The property is located on the land of Baden-Württemberg, on the border with Switzerland, in a city with a population of about 50,000 people. There is a constant increase in population in the city.
Theproperty is clearly visible from the federal road where about 14,800 cars drive every day.
