Germany
Land of Lower Saxony
Hanover district, Springe
Penny Supermarket 20km from Hanover
Commercial building for long-term lease
Penny supermarket and chain bakery (20 branches).
Location: Bennigsen district (railway station) in Springe, 20 km from Hanover.
The supermarket is located directly next to the city train station.
The 460 Hildesheim road passes through the town.
Land area: 4,850 m2
Usable area of the building: 1,085 m2
Year of construction of the building: 2006
Building condition: good
Parking for 80 cars.
Lease agreement with Penny Supermarket
concluded until 11/30/2021 with an option to extend 5 times for 3 years.
Lease agreement with bakery
concluded until 31.10.2022 with an option to extend for 5 years.
Rental income per year: 135,360€ (8,46% per annum)
It is possible to obtain a loan in the amount of 950 000 € at 1.75% per annum.
If the loan
is used, the return on the investor's own funds will be 12.9% per annum
Price: 1,600,000€
