DIY chain store.
Description
Building with a leasable area of 1,000 m².
The property is in good condition after renovation.
The current annual income is 50,000 €.
The yield is 5.6%.
Rent indexation is provided.
The tenant is a DIY chain store with anout 300 branches in Germany.
The lease agreement is valid until 2030 with the extension options 2x5 years.
Notary (state registration) is 1.5–2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of Bremen.