Germany
Land of Mecklenburg - Vorpommern
Ryugen Island
Putbus
NETTO supermarket on the island of Rugen
Commercial building for long-term lease
NETTO supermarket and bakery.
Location: Putbus (population 5 thousand people) on the island of Rugen - the largest island of Germany in the Baltic Sea.
Land area: 7999m2
Usable area of the building: 1074m2
Parking for 78 cars
Year of construction of the building: 1997
Expansion and partial reconstruction: 2007, 2013
Building condition: good
Lease agreement with NETTO supermarket
it is concluded for 15 years until 31.03.2029 with the option of extension 3 times for 5 years.
Lease agreement with the bakery
concluded until 31.12.2022 with an option to extend for 5 years.
Rental income per year: 141 000€ (7% per annum)
It is possible to obtain a loan in the amount of 1,300,000 € at 1.75% per annum.
Subject to the use of the loan
, the return on the investor's own funds will be 11.5% per annum
Price: 2,000,000€
