Building material store with a tenant, Bavaria, Germany

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Building material store with a tenant, Bavaria, Germany

1,167,000 €
933 € /m²
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  • Total area
    1,250 m²
  • Yield
    4.4%
  • Rental rate (m²/month)
    4 €
  • Built in 
    2000
Details
Property parameters
  • Leasable area: 970 m²
Financial performance
  • Annual income: 51,500 €
Tenants
  • Occupancy: 77%
  • End of lease: 2028
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

Description

Shop with an area of 970 m².

Financial performance

The annual net income is 51,500 €.

The net yield is 4,4%.

Tenants

The tenant is a well-known chain of building material stores with branches all over Germany.

The tenancy agreement has been concluded till 2028.

There are vacant spaces.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

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

Location and nearby infrastructure

The property is located in Bavaria, in a town with a population of about 10,000 people.

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.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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