- 27,285,000 €
- 4.7% yield
Renovated supermarket with a well-known retail chain tenant and a separate bakery in Bavaria.
Description
The total area of the property is 3,950 m², leasable area – 2,000 m².
The supermarket has existed since 2000 and has a large number of regular customers. Renovation of the building will give it a more modern appearance and will contribute to the expansion of retail space. Repairs will be completed in the third quarter of 2019.
The anchor tenant is a large supermarket chain with several thousand stores in Germany. The company's annual turnover exceeds 10 billion euros. The lease agreement is valid for 15 years.
Another tenant is one of the largest baking chains in Germany with more than 100 stores. The lease agreement is valid for 5 years.
The absolute annual income will be 212,000 €.
The yield after repairs wiil be 5,3%.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 3,5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
The property is located in Баварии, in the city with a population over 300,000 people.
About 8,000 people live within a radius of 800 meters from the supermarket. Near the property there are schools, a stadium, tennis courts and a business complex with a total area of 20,000 m². Also there are two bus stops in a walking distance.
If this ad doesn't suit you, have a look at the other supermarkets for sale in Bavaria.
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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.
We use a methodology that enables us to formulate requests and find good deals in the market
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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