Description
Shop with an area of 2,300 m².
The annual net income is 152,150 €.
The net yield is 6,4%.
The property is fully let. The tenant is a chain of DIY stores.
The tenancy agreement has been concluded till 2030.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of North Rhine Westfalia, in a town with a population of about 50,000 inhabitants.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
