Shop with a tenant in the suburb of Nurnberg.
Commercial premises with a total area of 1,150 m².
The annual net income is 72,814 €.
The net yield is 6.6%.
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.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
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.