Shop with a tenant in Bavaria.
Commercial premises with a total area of 1,350 m².
The annual net income is 136,900 €.
The net yield is 9.3%.
The property is fully let.
The tenant 1 is a well-known chain of shoe stores with several thousand branches all over the world.
The tenant 2 is a well-known chain of furniture stores with several thousand branches all over the world.
The tenancy agreements have been concluded by an average till 2025.
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 15,000 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.