+44 20 3608 1267

Supermarket in Bavaria with a 6,8% yield

1,670,000 €
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Total area: 1,036 m² Yield: 6.8%
  • Absolute return: 115,200 €
  • Land area: 4,200 m²
  • Built in 2013
  • 1-floor building
  • Renter: 100%
  • Number of parking lots: 74
  • 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

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

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Bavaria
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