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.
The annual net income is 69,000 €.
The net yield is 6.9%.
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.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
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.