Commercial in city Essen
3038.00 sq.m.

€ 4 650 000

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Germany. Online store building materials in the city of Essen with a high income.
( Bauhaus ).
Year built 1988
Square footage 9.319 sq. m.
The area of the room 3.038 sq. m.
Parking spaces 200
Leased 100%
The lease 31.12.2029 + 5 years option to extend
Annual income of approximately 337.000 EUR
Price 4.650.000 EUR
Brokerage Commission 4,76% incl. VAT
Düsseldorf airport is about 30 minutes, and Cologne airport is about 60 minutes.
The proposed facility is approximately 8 minutes ' drive from the city centre. Nearby are the supermarket chains and stores (ALDI, LIDL, REAL, DM, TEDOX, etc.).
Main tenant BAUHAUS
Annual income 284.816 EUR
The 31.12.2029 + 5 years option to extend
The second tenant firm Ruda
Annual income 52.437 EUR
Lease agreement 5 years
The total annual income 337.253 EUR
Both facilities are leased with the indexing
At this facility, there are costs which are not passed on to tenants and
amount to 50.000 EUR per year.
Price the seller was originally 5.750.000 EUR, but did not shift the costs the seller has reduced the price of 4.650.000 EUR (this price is not final little bargain still relevant).
In connection with the location, the square footage 9.319 sq. m., as well as a long-term lease makes this property a safe investment.
BAUHAUS leases these premises for almost 30 years and extended the contract for another 12 years + 5 years option to renew.
According to the newspaper (Frankfurter Allgemeine Zeitung) due 26 January 2018 a network of shops of building materials are one of the major taxpayers with positively growing
turnover and profit.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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