Germany
Land of North Rhine-Westphalia
, Munster
Penny Supermarket
Commercial premises leased for long-term rent to Penny supermarket.
Year of construction of the building: 2008
A supermarket occupies part of the building.
The condition is good
Commercial area for rent: 1110m2
Number of parking spaces: 26
Heating type: gas
The lease agreement for the premises was concluded on 16.04.2009 for 15 years with an option to extend 3 times for 5 years.
Location: the best place in the center of the city of Munster (population 280 thousand people). Nearby there are large office centers, residential buildings, restaurants, cafes. There are also residential and commercial facilities under construction in this area.
Rental income per year: 180,000€
It is possible to obtain a bank loan in the amount of 1,400,000 € at 3.2% per annum.
Profitability on the condition of a loan: 9.7% per year.
The price is reduced from 2,400,000€ to 2,300,000€
