New supermarket in the federal state of Baden-Württemberg.
The building with a total area of 1,400 m²:
- retail space — 1,100 m²
- utility rooms — 300 m².
Plot area — 4,500 m².
There is a parking for 60 cars.
The annual income is 236,536 €.
The yield is 4.5%.
The property is fully let. The tenant is a well-known chain of grocery stores with several thousand branches in Europe.
The lease agreement is concluded till 2038 with extension options.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
The property is located in the north-east of the federal state of Baden-Württemberg, in a town with a population of about 5,000 people.
Baden-Wurttemberg is a land in the south-west of Germany, on the border with France and Switzerland. The region has a developed economy and represents a local industry hub for advanced technology and scientific research.