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3 000 000 €

Shop in Augsburg, Germany, 900 sq.m
  • Shop in Augsburg, Germany, 900 sq.m - picture 1
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  • Shop in Augsburg, Germany, 900 sq.m - picture 1
  • Property ID on Prian.info: 3384031
    Last update: 18.01.2024
    Number of views: 4489

3 000 000 €

Shop in Augsburg, Germany, 900 sq.m

900 sq.m 4.8% per year
Credit from 1.8 for 2 % Business on sale

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  • Property ID on Prian.info: 3384031
    Last update: 18.01.2024
    Number of views: 4489

Specifications

Sale price 3 000 000 €
Price per square meter 3 333.33 €
Floor area 900 sq.m
Construction phase New building
Date of construction 4 к 2021
Address Germany, Augsburg

Business on sale


Finance

Profitability
Annual return 4.8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 144 000 €

Annual rental revenue, excluding operating expenses

Pay-off period 20 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 5.95 %
Tax 3.5 %
Notary Services 2 %
Crediting assistance
Rate on credit from 1.8 for 2 %
Finance leverage 50 %

Description

•Delivery in the 4th quarter of 2021

•Leasable area: 900 sq.m

•Rental income per year – 144,000 euros

•The tenant is a European chain of drogerie type stores with more than 3,700 stores in Europe. The company was founded in Germany in the 1970s, in 2020 the group's turnover amounted to more than 12 billion euros

•Lease agreement – tight for 10 years until 2031 with 2 extension options for 5 years each

•Delivery in the 4th quarter of 2021

•Leasable area: 900 sq.m

•Rental income per year – 144,000 euros

•The tenant is a European chain of drogerie type stores with more than 3,700 stores in Europe. The company was founded in Germany in the 1970s, in 2020 the group's turnover amounted to more than 12 billion euros

•Lease agreement – tight for 10 years until 2031 with 2 extension options for 5 years each


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Representative

Elena Pinkhasik
Senior Consultant International Projects Department
Languages: english
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Seller
Elena Pinkhasik Senior Consultant International Projects Department

Intermark Global

Languages: english
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