Supermarket with a well-known chain tenant in Bavaria.
Description
The building with an area of more than 1,400 m² includes:
- supermarket 1,300 m²;
- bistro 100 m².
The annual income is 115,000 €.
The yield is 5.6%.
- The anchor tenant is a well-known chain of supermarkets with more than 1,300 grocery stores in Europe. The lease agreement is concluded until September 2031 with 5x3 years extension options;
- The tenant of the premises with an area of 100 m² is a pizzeria.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The supermarket is located in the federal state of Bavaria, in a town with about 10,000 inhabitants.
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.
Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 mn people. The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.
