Sports complex in North Rhine-Westphalia.
Description
The total area of the complex is 5,850 m².
There is a parking for 150 cars, including an underground parking with a total area of 750 m².
The sports center consists of two buildings built in 1991 and 1985. Overhaul was carried out in 2010.
The annual income is 231,000 €.
The yiels is 8.5%.
The property is fully let.
Long-term lease agreements:
- tenant 1 (3,000 m²): the lease agreement is valid until 2024 with extension options of 2x5 years
- tenant 2 (2,000 m²): the lease agreement is valid until 2024 with extension options of 2x5 years
- tenant 3 (700 m²): the lease agreement is valid until 2021 with extension option of 5 years
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The sports complex is located in North Rhine-Westphalia, in a city with a population of more than 300,000 inhabitants.
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.
