Gas station with a well-known chain tenant in North Rhine-Westphalia.
Description
Gas station on a plot of 3,515 m². There is a building with an office (75 m²) and an apartment (80 m²) on the territory.
The total annual income is 133,521 €.
The yield is 5.9%.
The property is fully let.
The tenant is a well-known international chain of gas stations with branches in more than 75 countries. The lease agreement is valid until 2025 with extension options of 2x5 years.
Commercial and residential premises have open-ended lease agreements.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The gas station is located in North Rhine-Westphalia, in the city with a population of about 160,000. The nearest cities are Düsseldorf and Mönchengladbach.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.