€1,100,000
Newly renovated
ID: 1487
House

Supermarket for sale Mecklenburg-West Pomerania, Neustrelitz, Germany

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€1,100,000
Newly renovated
€1,100,000

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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.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

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

Price
€1,100,000
Rent Income per year
€149268
Rent Income per month
€12439
Profitability
13,57%
Payback
7,4 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO

ATTRIBUTES

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