Shop, North Rhine-Westphalia, Germany

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Shop, North Rhine-Westphalia, Germany

6,500,000 €
848 € /m²
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  • Total area
    7,657 m²
  • Yield
    5.5%
  • Built in 
    2016
Details
Property parameters
  • Land area: 22,000 m²
Financial performance
  • Annual income: 360,000 €
Tenants
  • End of lease: 2031
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT
Features
  • Street retail

It is retail premises fo sale.

Description

Total area is 7,657 m²

Financial performance

Absolute income is 360,000 €.

The current yield of 5.5%.

Tenants

The lease agreement with tenant is signed for 15 years.

The agreement includes terms of indexation and will amount 540,000 € in 2025.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6.5%.

The broker's fee of 6%.

Location

The shop is situated in the city of the state of North Rhine-Westphalia.

More properties

If this property wasn’t for you, take a look at other retail space for sale in North Rhine-Westphalia.

All ads in the country: retail space for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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