Two stores, Bavaria, Germany

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Two stores, Bavaria, Germany

3,200,000 €
1,882 € /m²
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  • Total area
    1,700 m²
  • Yield
    6.6%
  • Built in 
    2007
Details
Property parameters
  • Land area: 5,587 m²
  • Total premises: 2
  • Number of parking lots: 82
Financial performance
  • Annual income: 211,434 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

Commercial premises in the detached building.

Description

Total area of the property is 1,700 m²

Building comprised of supermarket and clothing shop.

Area of the supermarket — 1,040 m²

Area of the clothing shop — 660 m²

Property is provided with parking space for 82 cars.

Financial performance

Absolute income is 211,434 €.

The current yield of 6.6%.

Tenants

The anchor tenant is supermarket chain, which is comprised of more than 2,200 branches.

The lease agreement is valid through 2022 and includes extension options for 5x3 years and 1x2 years.

The second tenant is a large clothing shop chain, which is comprised of 3,200 branches.

The lease agreement is valid through 2022 and inludes extension options for 6x3 years and 1x5 years.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 3.5%.

The broker's fee of 5.95%.

Location

The property situated in the city with population of more than 100 thousand people.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Bavaria.

All ads in the country: supermarkets for sale in Germany.

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    Marina Filichkina,
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