Supermarket with a long-term lease in the IX district of Budapest, Hungary

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Supermarket with a long-term lease in the IX district of Budapest, Hungary

1,700,000 €
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  • Yield
    7.1%
  • Rental rate (m²/month)
    26 €
Details
Property parameters
  • Leasable area: 380 m²
  • 1 floor
Financial performance
  • Annual income: 120,000 €
Tenants
  • Fully let
  • End of lease: 2030
Features
  • Street retail

Grocery store in the IX district of Budapest.

Description

Commercial space on the ground floor of a new building with an area of 380 m².

Financial performance

The annual income is 120,000 €.

The yield is 7.1%.

Tenants

The property is fully let. The tenant is a supermarket chain with more than 3,500 grocery stores, part of a multinational company with a turnover of over 70 billion euros.

The lease was concluded until August 2030 with the extension options 3x5 years.

Transaction costs

The brokerage fee.

Location and nearby infrastructure

The property is located in the IX district of Budapest — Ferencvaros, on the ground floor of a new building right next to the University and an underground station, not far from the city center of Budapest.

Budapest is the capital of Hungary, one of the largest and most beautiful cities in Europe, located on both sides of the Danube River. Known for its magnificent architecture, among which stands the neo-Gothic building of the Hungarian Parliament, a large number of architectural monuments, wide and beautiful avenues with shops and restaurants.

Budapest is the only capital in Europe that has the status of a resort — due to the numerous thermal springs the city is an excellent place to relax and regain health.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Budapest.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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