Commercial center, Upper Franconia, Germany

Additional information is provided after the signing of an NDA

Commercial center, Upper Franconia, Germany

6,380,000 €
Mortgage calculator
Send a request
Total area: 4,210 m² Yield: 6.8% Built in 2016
Send a request
Features
  • Operating Incomе: 432,660 €
  • Land area: 8,200 m²
  • Occupancy: 100%
  • End of lease: 2028
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%

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 and nearby objects

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

supermarket-icon
Supermarkets
school-icon
Schools
cafe-icon
Cafe and restaurants
hospital-icon
Hospitals
airport-icon
Airports
Reset

More properties

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

You can see more business centres for sale in Bavaria elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this business centre
Sofia Bulanova
Sofia Bulanova
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