The supermarket with a reliable chain tenant in Bavaria.
Building with a leasable area of 1,701 m².
The annual income is 167,150 €.
The yield is 5.4%.
The property is fully let. The tenant is a German supermarket chain with over 4,000 grocery stores in Germany.
WAULT: 4,2 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The supermarket is located in Bavaria, in the suburbs of Augsburg. With a population of 300,000 inhabitants, Augsburg is the third largest city in Bavaria and a major scientific and industrial center.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.