- 27,285,000 €
- 4.7% yield
- Thuringen Supermarket 1,000,000 €
- Basic parameters
- Photo
№ 1,933,297
Supermarket in Thuringen
1,000,000 €
- Total area —
- Yield 4.0%
- Lease term —
- Constructed 2000
Key project parameters
- Leasable area
- 1,300 m²
- Constructed
- 2000
Project description
Small shopping center in Thuringia.
Description
Building with a leasable area of about 1,300 m².
Tenants
- Agreement
- n/a
The building is leased for 90%.
- The anchor tenant is a well-known chain of discount clothing stores with more than 3,500 branches throughout Europe. The lease was concluded until 2027 with options for an extension of 3x3 years.
- German cuisine restaurant. The lease was concluded until 2024 with the option of extending for 5 years.
- Chinese restaurant. The lease was concluded until 2027 with the option of extending for 5 years.
Financial performance
- Yield
- 4.0%
The annual income is 60,000 €.
The yield is 6%.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Location and nearby infrastructure
The supermarket is located in the state of Thuringia.
Thuringia is a state located in central Germany covering an area of 16,171 square kilometres. The population of the state is 2.15 million inhabitants. Erfurt is the state capital and largest city.
Thuringia is surrounded by the states of Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony.
More properties
If this ad doesn't suit you, have a look at the other supermarkets for sale in Thuringen.
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Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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