Supermarket in Wuppertal

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Supermarket in Wuppertal

7,800,000 €
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Total area: 4,240 m² Yield: 6.0% Built in 1957
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Features
  • Absolute return: 471,177 €
  • Land area: 2,173 m²
  • Percentage of the rented area: 100%
  • Number of parking lots: 13
  • Most recent total renovation: 2014
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0%
  • Street retail

It is a supermarket in Wuppertal, North Rhine-Westphalia.

Description

The supermarket area of 4,240 m² was built in 1957.

Plot of 2,173 m².

There was a complete renovation of the building in 2001 and modernization in 2014. The property is in an excellent condition.

There is a parking for 13 places.

The object is fully leased to various tenants.

Financial performance

Absolute income is 471,177 €.

The current yield of 6%.

Tenants

The object is fully leased.

The anchor tenants are:

  • Dm-drogerie markt, lease contract is signed until 2022 with extension options for 2x5 years;
  • Edeka, lease contract is signed until 2022 with extension options for 2x5 years;
  • Lotto Totto, lease contract is signed until 2017 with extension options for 2x5 years.

Transaction costs

The broker's fee of 4% + VAT.

Real Estate Transfer Tax is 6,5%.

Notary fee of 1,5%.

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You can see more supermarkets for sale in Wuppertal elsewhere on our website.

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Julia Morozova
Julia Morozova
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+44 20 3608 1267
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