Store in Bavaria

Photos available on request

Contact a manager at Tranio.com, and we will find you a suitable Shop or property from among our 90,000 offers across 50 countries around the globe

Store in Bavaria

1,550,000 €
Mortgage calculator
Send a request
Total area: 1,319 m² Yield: 7.2% Built in 2006
Send a request
Features
  • Operating Incomе: 116,600 €
  • Land area: 6,038 m²
  • 1-floor building
  • Occupancy: 100%
  • Minimum owner's capital: 775,000 €
  • Number of parking lots: 85
  • Most recent total renovation: 2015

It is a store in a small town in northern Bavaria.

Description

Single-storey modern building with total area of 1,319 m² was built in 2006.

The plot of 6,038 m².

The property is in good overall condition, the building was extended by 80 m² in 2015.

There is a parking for 85 cars.

The store is fully leased out to a major company.

Financial performance

Absolute income is 116,600 €.

The current yield of 7,2%.

Tenants

Tenant is NORMA Lebensmittel Handels Stiftung & Co. KG, a major grocery retail chain with more than 1,300 branches in Europe.

NORMA has been renting the building since 2006, but after the extension in 2015 the lease agreement was renegotiated for 10 years until 2025 with extension options 6x3 + 1x2 years.

Location

The store is located in the city center, just 200 meters from the town hall.

It is surrounded by houses, a gymnasium, and a hospital.

The property is the only grocery store in the city.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Germany.

You can see more retail space for sale in Bavaria elsewhere on our website.

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services