Newly renovated
ID: 1487

Supermarket for sale Mecklenburg-West Pomerania, Neustrelitz, Germany

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Newly renovated

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Additional Information DESCRIPTION

You will love this supermarket in Neustrelitz, Mecklenburg-Vorpommern federal land. The property includes 11 commercial premises, 4 of which are available for rent. There is also a parking for 85 vehicles.

Year built – 1963 (overhauled in 2015)

Land Area – 8,513 m2

Commercial Area – 2,775.89 m2

Price – €1,100,000

Current revenue from the rent - €149,268 (up to €160,037.40 if fully rented)

Current rate of return – 13.57% (up to 14.565 if fully rented)

Fixed expenses such as heating and insurance are approximately €30,000 per year.

Supermarket Penny has been the main tenant of the premises since 1997. Its contract is valid until 2020. Other tenants include a bakery, butcher's shop, electronics store, beverage store and others.

In 2012, the renovation and modernization of the property has been made. The property is located in a residential area and 3 km away from the historical center of Neustrelitz.

Neustrelitz is a town in Germany, a district center, located in Mecklenburg-Vorpommern federal land. It is a part of the Mecklenburg-Strelitz district. The population is about 23,000 people.

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Do not miss a unique opportunity to have a supermarket in Germany!





Additional Information PROPERTY DETAILS
  • Type of Property: Supermarket
  • Property Type: Secondary market
  • Status: Newly renovated
  • Location: Neustrelitz, Mecklenburg-West Pomerania, Germany
  • Land Area: 8513 m²
  • Total Area: 2775.89 m²
  • Sale Price: €1,100,000

Financial Information

Rent Income per year
Rent Income per month
7,4 years

Purchase Cost

Agency commission
Tax on the purchase
Services notary
Rental services
Services of the management company
Additional Information OTHER INFO


Land Area: 8513 m²
Total Area: 2775.89 m²
Year Built: 1963
Parking: Yes
Parking Spaces: 85
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