Supermarket in Eastern Hessen

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Supermarket in Eastern Hessen

2,510,000 €
1,746 € /m²
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  • Total area
    1,437 m²
  • Yield
    6.8%
  • Built in 
    2006
Details
Property parameters
  • Land area: 7,194 m²
  • Number of parking lots: 100
  • 1-floor building
Financial performance
  • Annual income: 173,106 €
Tenants
  • Fully let
  • End of lease: 2021
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 4.0% + VAT

It is a supermarket in one of the towns of Eastern Hessen with a population of more than 5,000 people.

Description

The total area of a single-storey building is 1,437 m².

The plot of 7,194 m².

Supermarket was built in 2006.

There is parking for 100 cars.

The property is fully leased out to two tenants.

Financial performance

Absolute income is 173,106 €.

The current yield of 6,8%.

Tenants

The anchor tenant is a Penny-Markt, grocery chain founded in 1973.

The company employs more than 40,000 people and its annual turnover exceeds € 10 billion.

The lease agreement is signed for 15 years until 2021 with extension options for 5x3 and 1x1 years.

The second tenant is beverage store.

The lease agreement is signed for 10 years until October 2016 with extension options for 5x3 years.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 4%.

Location

Supermarket is situated near the regional highway on the outskirts of the town.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Hessen.

All ads in the country: supermarkets for sale in Germany.

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