ID: 1787
House

Supermarket for sale Hesse, Wiesbaden, Germany

New supermarket in Wiesbaden. Profitability 5.5%. Contract until 2034

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€2,480,000
New supermarket in Wiesbaden. Profitability 5.5%. Contract until 2034

Enquire about this Property

Additional Information DESCRIPTION
A new supermarket in the city of Wiesbaden (land - Hesse). The object is being built on a plot of 3 590 sq.m. and will be built in the fall of 2019. Near the building there is a private parking for 28 cars.
 
At the moment, a lease agreement has been concluded with the REWE retail network until 2034. Payment is provided only after the transfer of the object to the tenant.
 
REWE is the second largest supermarket chain in Germany after EDEKA. The annual sales of the group REWE is more than 57 billion euros.
 
Price - 2 480 000 euros
Total area - 980 sq.m.
Rental income - 136 392 euro / year
Profitability - 5.5%
 
Wiesbaden is a city in Germany, the administrative center of the federal state of Hesse. Wiesbaden is the second largest city of Hesse after Frankfurt. The population is more than 275 thousand people. The name Wiesbaden literally means “meadow baths”. One of the oldest resorts in Europe, there are 26 hot and several cold thermal springs. Since 1905, when its population reached 100 thousand, it has been considered a large city. Wiesbaden is about 20 km from Frankfurt Airport, has several small railway stations and one main Hauptbahnhof station that connects Frankfurt, Darmstadt, Mainz, Limburg and Koblenz. Wiesbaden is located on the right (east) bank of the Rhine at the confluence of the Main with the Rhine. On the other side of the Rhine is the city of Mainz. On the banks of the Rhine and Main there are several ports. The city also has the University of Applied Sciences of Wiesbaden and the Wisbaden Observatory.
 
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Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Supermarket
  • Property Type: New building
  • Location: Wiesbaden, Hesse, Germany
  • Land Area: 3590 sq m
  • Total Area: 980 sq m
  • Sale Price: €2,480,000

Financial Information

Price
€2,480,000
Guaranteed rent
Rent Income per year
€136392
Rent Income per month
€11366
Profitability
5,5%
Payback
18,2 years
Installment
Mortgage

Purchase Cost

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

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
New supermarket with tenant in Wiesbaden for sale
New supermarket with tenant in Germany for sale
New supermarket with tenant in Hesse for sale

ATTRIBUTES

Land Area: 3590 sq m
Total Area: 980 sq m
Year Built: 2019
Floors in the building: 1
Parking: yes
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