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.
The annual income is 120,000 €.
The yield is 7.1%.
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.
The brokerage fee.
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.