+44 20 3608 1267
Commercial center with the yield of 6,8%, Upper Franconia, Germany

Photos available on request

Commercial center with the yield of 6,8%, Upper Franconia, Germany

6,380,000 €
Mortgage calculator
Submit request
Total area: 4,210 m² Yield: 6.8%
  • Land area: 8,200 m²
  • Built in 2016

It is a multi-functional building for sale.

Description

Total lettable area is 4,210 sq. m.

The property is leased out to 7 tenants.

Financial performance

Absolute income is 432,660 €.

The current yield of 6,8%.

Tenants

  1. Food discount store. Rented area: 1,200 sq. m. The lease agreement is signed for 12 years with extension options. 
  2. Cafe. Rented area: 360 sq. m. The lease agreement is signed for 10 years with extension options. 
  3. Restaurant. Rented area: 860 sq. m. The lease agreement is signed for 10 years with extension options. 
  4. Bank. Rented area: 120 sq. m. The lease agreement is signed for 10 years with extension options. 
  5. Dry-cleaner. Rented area: 70 sq. m. The lease agreement is signed for 10 years with extension options. 
  6. Drink market. Rented area: 400 sq. m. The lease agreement is signed for 5 years with extension options. 
  7. Fitness-club. Rented area: 1,200 sq. m. The lease agreement is signed for 10 years with extension options. 

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4,76%.

Location

Commercial property is situated in one in the city with extended infrastructure in Northern Bavaria.

Similar listings

We are looking for similar listings

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Bavaria
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services