Supermarket with a well-known chain tenant, Bavaria, Germany

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Supermarket with a well-known chain tenant, Bavaria, Germany

987,000 €
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  • Yield
    6.9%
  • Rental rate (m²/month)
    6 €
  • Built in 
    2003
Details
Property parameters
  • Leasable area: 930 m²
  • Land area: 3,213 m²
Financial performance
  • Annual income: 69,000 €
Tenants
  • Fully let
  • End of lease: 2025
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

Supermarket with a well-known chain tenant in Bavaria.

Description

The building with a total area of 930 m² was built in 2003.

There is a large car parking.

Financial performance

The annual net income is 69,000 €.

The net yield is 6.9%.

Tenants

The property is fuly let. The tenant is a well-known chain of grocery stores with more than 1,300 branches in Europe.

The tenancy agreement has been concluded till 2025.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The building is located in Bavaria. In the immediate vicinity of the supermarket there are other large chain stores of well-known brands.

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.

More properties

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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