Description
Shop total area — 1,500 m².
Bistro area — 100 m².
Plot area — 4,000 m².
There is a parking for 49 cars.
The property was built in 2018.
Annual rental income — 114,600 euro.
Yield — 5.4%.
The property is fully let.
The lease agreement is concluded in 2019 for 12 years with 6x3 years extension options.
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 about 10,000 inhabitants.
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.