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%.
