It is retail premises for sale in popular residential area of Berlin.
Description
Lettable area is 853 m²
Area of the shop is 806 m²
Area of the lunchroom is 47 m²
Financial performance
Absolute income is 179,400 €.
The current yield of 6,7%.
Tenants
Anchor tenant is Netto Marken-Discount — large grocery chain, which has about 4,180 sales branches.
Rented area is 987 sqm, the lease agreement is expiring in 2019 and has extension options for 3x5 years.
Second tenant is lunchroom.
Rented area is 47 sqm, the lease agreement is expirng in 2018 and has extension option for 5 years.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 6%.
Location
Property situated in Tempelhof-Schöneberg district, surrounded by residential area.
