A small shopping center in Bavaria.
Description
The total leasable area of the building is 1,718 m².
On the territory of the center there is a car parking for 95 places.
The annual net income is 88,800 €.
The net yield is 6.6%.
The property is fuly let. Tenants are a hardware store, a beverage distributor, a children's clothing store, and a delivery service.
WAULT: 11,5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The building is located in Bavaria, in a town with a population of 10,000 people. 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.
