Warehouses.
Description
Total area of premises is 10,000 m²
The logistic center was built in 2015.
The property consists of four warehouses.
Financial performance
Absolute annual income is 1,060,000 €.
The current yield of 5.3%.
The indexation of rental revenue is proportional to inflation.
Loan
It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.
Tenants
The tenant is a shipping company.
The lease agreement is signed for 15 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 4.5%.
The broker's fee of 4%.
Location and nearby infrastructure
The property is located in the suburb of Hamburg. There is an entrance to the motorway situated in proximity from the logistic center.
