Description
Profitable discounter at Einbeck.
Price € 1,993,000.
4150m2 Object area
Land area 10389m2
Profitability,% 8.6
Rent, EUR 172,200.00
Rent euro / m2 3.46
Price euro / m2 480.24,00
Built in 1972
Number of parking spaces. 120
Until 9/2028 Lease agreement.
Description
Fully rented retail store
The building was leased by a well-known retailer throughout Germany:
- Jawoll is a German chain of discounter branches, with an annual turnover of about 212 million euros.
- The lease is valid until September 2028, after which the tenant has options.
Object description:
- The object is a land plot with an area of about 10 389 m2, built up with a commercial building.
- The commercial building is divided into two separate zones and has a total area of about 4150 m2. The rented area is 3500 m2.
- Parts of the building were completed in 1971, expanded in 1978 and rebuilt in 2002.
- The property has been completely modernized for rental in 2016.
- The object is in tidy condition.
- For the convenience of customers, there are 120 parking spaces.
- Part of the land plot is leased property. The owner of the property currently pays an annual rental rate of € 3,653.69 per year.
- Net income from real estate is 172,200 euros per year.
Micro position
This property is very well located in the popular commercial area of the half-timbered town of Einbeck. Many well-known trading companies are located in the immediate vicinity, such as Toom Baumarkt, Kaufland, Expert Medialand and Möbel Boss.
Macro position
Einbeck has a population of about 31,000. The city is the center of the South Lower Saxony region and offers a complete infrastructure along with many tourist attractions. In terms of square, Einbeck is the largest city in the south of Lower Saxony and the most populated city in the area. The city is located about 75 km from the capital of the state - Hanover and about 324 km from Berlin.
Location
Germany • Lower Saxony • Hannover