A fast-food restaurant under construction in Thuringia.
Description
The project is ready for construction (including all necessary documents).
The absolute annual income is 108,000 €.
The current yield is 5,9%.
The tenant is a global chain of fast-food restaurants. The company's turnover exceeds 1.97 billion dollars.
The lease agreement is valid for 20 years + extension options 2x5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
Brokerage fee is 5% + VAT 19% (total 5,95%).
The restaurant is being built in a town with the population about 22,000 people (Thuringia).
There is a large amusement park, including a weapons exhibition, a hall for festivals, a concert hall, underground rides, a bowling alley and halls for sports events next to the restaurant.
Erfurt, the administrative center of Thuringia, is about 70 km away.
