Gas station with a well-known chain tenant, North Rhine-Westphalia, Germany

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Gas station with a well-known chain tenant, North Rhine-Westphalia, Germany

2,250,000 €
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  • Yield
    5.9%
Details
Property parameters
  • Land area: 3,515 m²
Financial performance
  • Annual income: 133,521 €
Tenants
  • Fully let
  • End of lease: 2025
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

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.

Financial performance

The total annual income is 133,521 €.

The yield is 5.9%.

Tenants

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.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.5%.

Brokerage fee is 4% + VAT 19% (total 4.76%).

Location

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.

More properties

If this ad doesn't suit you, have a look at the other gas stations for sale in North Rhine-Westphalia.

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