Property Detail

Supermarket REWE in the state of Saarland for Sale, Remaining Lease Term = 5 Years, Freehold

Supermarket REWE in the state of Saarland for Sale, Remaining Lease Term = 5 Years, Freehold

Property type: supermarket
Purchase of established rental business

Tenure: freehold

Location: the state of Saarland, Western Germany

• property is located in a town with a population over 15,000

Construction date: 2000
Latest renovation: 2010

Building size: ca. 1,200 m2

Car parking facilities: parking lot

Anchor tenant: REWE (supermarket chain)
• single tenant
• occupancy: 100%

Remaining Lease Term: 5 years
Possibility of renewal: YES
Rent Review: YES

Purchase price: 1,469,000 euro
(+ closing costs)

Rental Income: 172,900 euro per annum
(+ indexation linked to inflation)

Yield: 11.8%

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http://www.brantstone.com/property/supermarket-rewe-for-sale-in-germany-03023247 03023247 Supermarket REWE in the state of Saarland for Sale, Remaining Lease Term = 5 Years, Freehold