Property Detail

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Clothing Store TAKKO in the State of Baden-Wurttemberg for Sale, Lease Agreement Ends 2024

Property type: clothing store
Purchase of established rental business

Location: the state of Baden-Wurttemberg, Germany
• property is located in a town with a population over 15,000

Construction date: 2000

Building size: ca. 700 m2
Plot area: ca. 4,200 m2

Car parking facilities: parking lot

Anchor tenant: TAKKO (chain of clothing stores)

Occupancy: 100%

Lease Agreement: until 2024 (+ renewal options 2x5 years)

Possibility of renewal: YES
Rent Review: YES

Purchase price: 1,250,000 EUR
(+ closing costs)

Rental Income: 80,600 EUR per annum
(+ indexation linked to inflation)

Yield: 6.5%

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http://www.brantstone.com/property/commercial-property-for-sale-in-baden-wurttemberg-germany-03023605 03023605 Clothing Store TAKKO in the State of Baden-Wurttemberg for Sale, Lease Agreement Ends 2024