Supermarket with a well-knwon chain tenant in Bavaria.
Description
Building with a leasable area of 1,100 m².
The annual income is 125,000 €.
The yield is 4.5%.
The building is fully leased. The tenant is a German supermarket chain with more than 4,000 grocery stores in Germany.
The lease agreement was concluded until 2031.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The supermarket is located in the federal state of Bavaria, in a town with a population of 3,000 inhabitants. Distance to Munich — 90 km.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 mn people. The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.