Fitness club with a tenant, Mecklenburg-Western Pomerania, Germany

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Fitness club with a tenant, Mecklenburg-Western Pomerania, Germany

1,356,000 €
502 € /m²
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  • Total area
    2,700 m²
  • Yield
    9.5%
  • Rental rate (m²/month)
    4 €
Details
Property parameters
  • Leasable area: 2,600 m²
Financial performance
  • Annual income: 129,000 €
Tenants
  • Occupancy: 95%
  • End of lease: 2028
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Description

The commercial premises with an area of 2,600 m².

Financial performance

The annual net income is 129,000 €.

The net yield is 9.5%.

Tenants

The tenant is a chain of fitness clubs.

The tenancy agreement has been concluded till the end of 2028.

There are vacant spaces.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The property is located in the federal state of Mecklenburg-Vorpommern, in a town with about 20,000 inhabitants.

Mecklenburg-Vorpommern is one of German states in the north-east of the country. It covers an area of about 23,290 km². Its population reaches 1,6 million.

Over 10 million tourists visit the cities of federal state annually.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Mecklenburg-West Pomerania.

All ads in the country: shopping centers for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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