Supermarket.
Description
Total area of the supermarket is 1,200 m².
The supermarket is in good technical condition.
The supermarket was built in 1988. The property was renovated in 2010.
The price includes parking for 47 cars.
Financial performance
Absolute annual income is 98,400 euro.
The current yield of 8.7%.
Tenants
The tenant is the retail chain.
The lease agreement is valid until December 2020 and includes an extension option for 5 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
Location
The store is located in the city with the population of more than 48 thousand people, in the state of North Rhine-Westfalia. There are public transport stops located within walking distance from the store.
