Property Detail

Supermarket NORMA in the State of Bavaria for Sale, Yield = 7.5%

Supermarket NORMA in the State of Bavaria for Sale, Yield = 7.5%

Property type: supermarket
Purchase of established rental business

Location: the state of Bavaria, Germany
• property is located in a town with a population over 8,000
• close to the town centre

Lettable area: ca. 1,700 m2
Land area: ca. 3,400 m2

Anchor tenant: NORMA (supermarket chain)

Occupancy: ca. 65%

Vacant commercial space: ca. 600 m2

Lease Agreement: long-term lease agreement since 2006 (tenant class: A)
Possibility of renewal: YES
Rent Review: YES

Purchase price: 840,000 EUR
(+ closing costs)

Rental Income: 63,000 EUR per annum
(+ indexation linked to inflation)

Yield: 7.5%

Extra opportunities:

There is a possibility to increase yield in case of renting out vacant commercial space.

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http://www.brantstone.com/property/commercial-property-for-sale-in-bavaria-germany-03023742 03023742 Supermarket NORMA in the State of Bavaria for Sale, Yield = 7.5%