Property Detail

Variety Store TEDi in the State of Bavaria for Sale, Lease Agreement Ends 2030

Variety Store TEDi in the State of Bavaria for Sale, Lease Agreement Ends 2030

Property type: variety store
Purchase of established rental business

Location: the state of Bavaria, Germany
• property is located in a town with a population over 25,000

Construction year: 2006

Lettable area: ca. 1,100 m2
Land area: ca. 3,300 m2

Anchor tenant: TEDi (variety store chain)

Occupancy: 100%

Lease Agreement: until 2030 (+ renewal options 3x5 years)

Possibility of renewal: YES
Rent Review: YES

Purchase price: 1,375,000 EUR
(+ closing costs)

Rental Income: 90,000 EUR per annum
(+ indexation linked to inflation)

Yield: 6.5%

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http://www.brantstone.com/property/retail-property-for-sale-in-bavaria-germany-03023614 03023614 Variety Store TEDi in the State of Bavaria for Sale, Lease Agreement Ends 2030