Description
Shop with an area of 1,700 m².
The annual net income is 153,787 €.
The net yield is 6.8%.
The properties are fully let.
The tenant 1 is a chain of fashion stores with several thousand branches in Europe.
The tenant 2 is a discount store.
The tenancy agreements have been concluded by the average till 2027.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The building is situated in the state of Bavaria, in a town with about 15,000 inhabitants.
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.