Supermarket, Stuttgart, Germany

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Supermarket, Stuttgart, Germany

2,200,000 €
2,679 € /m²
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  • Total area
    821 m²
  • Yield
    5.7%
  • Built in 
    2004
Details
Financial performance
  • Annual income: 126,744 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Commercial and residential premises.

Description

The total area of the property is 821 m²

Object includes supermarket and three-room flat. The area of the supermarket is 734 m² The area of the flat is 84 m²

Supermarket is provided with storage in the basement.

There is a reserved parking lot for the apartment.

All premises are leased out.

Financial performance

Absolute income is 126,744 €.

The current yield of 5.7%.

Tenants

The tenant of retail premise is the largest supermarket chain in Germany. The lease agreement is valid through August of 2018 and includes extension options for 2x5 years.

The tenant of apartment is private person. The lease agreement is permanent treaty.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 5%.

The broker's fee of 5.95%.

Location

The property situated in the one of the largest cities of Germany and in the capital of Baden-Wurttemberg — in the city of Stuttgart.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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