Shop, Bavaria, Germany

Additional information is provided after the signing of an NDA

Shop, Bavaria, Germany

1,094,000 €
951 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    1,150 m²
  • Yield
    6.6%
  • Built in 
    2004
Details
Financial performance
  • Annual income: 72,814 €
Tenants
  • Fully let
  • End of lease: 2027
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

Shop with a tenant in the suburb of Nurnberg.

Description

Commercial premises with a total area of 1,150 m².

Financial performance

The annual net income is 72,814 €.

The net yield is 6.6%.

Tenants

The property is fully let. The tenant is a well-known chain of furniture stores with several thousand branches all over the world.

The tenancy agreement has been concluded till the end of 2027.

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.

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a shop purchase with a construction loan

Investment vehicle
Shop
Construction loan
Yield per annum
6.6%
8—10%
Investment budget
1,094,100 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
Request the relevant projects
Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    flag icon
    Limassol, Cyprus
    TRANIO GLOBAL REAL ESTATE L.L.C, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus
    flag icon
    Dubai, UAE
    Tranio Global Real Estate, Al Ameri Tower - 19th floor - Barsha Heights - Dubai - UAE
    flag icon
    Torrevieja, Spain
    Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
    flag icon
    Athens, Greece
    Tranio LLC, Vissarionos, 4, 10672 Athens
    flag icon
    Berlin, Germany
    Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
    Send a request