A supermarket with a very well known German retail chain as a tenant.
Description
The area of a property is 1,538 m².
The absolute annual income is 125,000 €.
Current yield is 6.6%.
The tenant is a German supermarket chain with more than 3 thousand stores.
The lease agreement is valid until 2029 and contains extension options for 3x5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,0%.
Brokerage fee is 5% + 19% VAT (in total 5,95%).