It is a supermarket for sale in one of the settlements with a population of more than 5,000 people in the North-Eastern Bavaria.
Description
The total area of a single-storey building is 1,610 m².
The plot of 6,200 m².
The property was built in 2012 and now is in excellent condition.
There is parking for 65 vehicles.
Supermarket is leased out to two tenants.
Absolute income is 173,534 €.
The current yield of 6,8%.
The anchor tenant is Netto, a subsidiary of Edeka Group, founded in 1984.
Netto has more than 4,000 branches throughout Germany, its staff exceeds 70,000 employees. Company's annual turnover exceeds € 11 billion.
The lease agreement is signed for 15 years until 2027 with extension option for 5 years.
The second tenant is a textile chain NKD.
NKD has more than 2,000 branches in Europe and its annual turnover exceeds € 500 million.
The lease agreement is signed for 10 years until 2022 with extension options for 4x5 years.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 6%.