ID: 1693
House

Supermarket for sale Berlin, Germany

New supermarket in the center of Berlin. 4% profitability

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€11,000,000
New supermarket in the center of Berlin. 4% profitability

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Additional Information DESCRIPTION
Do not miss the unique opportunity to buy a new supermarket in Berlin (Mitte district), which is located on the ground floor of a new apartment building, t which will be completed in 2019.
 
Area - 1650 sq. m
Price - 11,000,000 euros
Rental income - 450 000 euro / year
Profitability - 4%
 
The tenant is a network of grocery stores - REWE. The lease agreement was concluded from 2019 (upon completion of construction) for 15 years, with 2 extension options for 5 years each. Also, the contract provides for the indexation of lease payments every 36 months at 60% relative to the previous rent payment.

The new store REWE has an excellent location in the center of the Mitte district, near KaDeWe. The potential number of customers is 15,000. There is parking for 13 parking spaces directly in front of the entrance to the supermarket.
 
Berlin is the capital and fastest growing city in Germany. In the past eight years alone, the population of Berlin has grown by about ten percent to 3.7 million people. A significant increase in population density and an increase in purchasing power by 20% over the past 7 years make supermarkets a very popular population and a very profitable business.
 
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Additional Information PROPERTY DETAILS
  • Type of Property: Supermarket
  • Property Type: New building
  • Location: Mitte, Berlin, Berlin, Germany
  • Total Area: 1650 sq m
  • Sale Price: €11,000,000

Financial Information

Price
€11,000,000
Guaranteed rent
Rent Income per year
€450000
Rent Income per month
€37500
Profitability
4%
Payback
25 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
New supermarket with tenant in the center of Berlin for sale
Commercial property with tenant in Germany for sale

ATTRIBUTES

Total Area: 1650 sq m
Year Built: 2019
Parking: yes
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