Shop package, Baden-Wurttemberg, Germany

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Shop package, Baden-Wurttemberg, Germany

4,151,000 €
2,587 € /m²
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  • Total area
    1,604 m²
  • Yield
    5.3%
Details
Property parameters
  • Land area: 1,892 m²
Financial performance
  • Annual income: 220,800 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Retail premises.

Descritption

The package consists of four retail units: a supermarket, a bakery, a textile shop, a shop of biobased products.

The total area of the retail units is 1,604 m²

The area of the supermarket — 883 m²

The area of the bakery — 150 m²

The area of the textile shop — 221 m²

The area of the shop of biobased products — 350 m²

The retail units are situated in the same building.

Financial performance

Absolute annual income is 220,800 euro.

The current yield is 5.3%.

Tenants

The tenants are retail chains.

The lease agreement with the supermarket is signed for 12 years with extension options for 5x3 years.

The lease agreement with the bakery is signed for 10 years with extension options for 3x3 years.

The lease agreement with the textile shop is signed for 10 years with extension options for 2x5 years.

The lease agreement with the shop of biobased products is signed for 10 years with extension options for 3x3 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

Brokerage fee is 5.95%.

Location and nearby infrastructure

The shops are located in the city with the population of more than 10 thousand people in the state of Baden-Wurttemberg.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Baden-Württemberg.

All ads in the country: retail space for sale in Germany.

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