Supermarket in Bavaria

1,670,000 €
Mortgage calculator
Send a request
Total area: 1,036 m² Yield: 6.8% Built in 2013
Send a request
Features
  • Absolute return: 115,200 €
  • Land area: 4,200 m²
  • 1-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 74
  • End of lease: 2023
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%

It is a supermarket in one of the towns in Western Swabia, Bavaria.

Description

The total area of a single-storey building is 1,036 m².

The plot of 4,200 m².

Supermarket was built in 2013 and is in excellent condition.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 115,200 €.

The current yield of 6,8%.

Tenants

The tenant is grocery chain Norma, founded over 50 years ago.

Norma operates more than 1,300 stores, its annual revenue is about € 6 billion.

The lease agreement is signed for 10 years until 2023 with extension options for 6x3 years.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4,76%.

Location and nearby objects

Supermarket is situated west of the town center close to the highway and the waterfront.

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 supermarkets for sale in Germany.

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

Similar listings

We select ads that may interest you.

Enquire about this supermarket
Sofiya Bulanova
Sofiya 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