Description
The supermarket with an area of 2,000 m² came on stream in July, 2023.
The plot area is 8,000 m².
There is a parking for 60 cars.
The annual net income is 330,000 €.
The net yield is 5%.
The property is fully let. The tenant is a well-known supermarket chain with about 10,000 branches in Europe.
The lease agreement has been concluded for a term of 15 years with 3x5 years extension options.
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The supermarket is located in the federal state of Bavaria, in the suburb of a town with about 150,000 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.