Description
Network building store in Jülich
The store was opened on 7. March 2014. Absolutely new structure.
By motorway A 44 to Düsseldorf with moderate traffic time on the way is only 25 minutes.
At almost 8,000 square meters. various building materials, professional and home building electrical appliances, a large selection of plumbing, wallpaper, linoleum, carpeting, laminate, parquet, etc. and everything in new and bright rooms.
About 3.000 sq.m. occupies a garden center with a large selection of flowers, trees, palms, etc.
The basic lease is valid for 11 years plus 3 * 5 options for renewal.
If the tenant does not notify the owner in writing about his departure 14 months before the end of the main contract, the contract is automatically extended for another 5 years. After the expiration of the main contract and the start of the renewal options, the contract can be terminated upon the tenant's application also in writing 12 months before the end of the renewal contract, etc. up to 3 * 5 extension options.
Also in the lease agreement with this network building store it is written that they have no right to open, or build a new one closer than 15 km. from this object.
Type: Investment Object
Plot of land: 21.335 sq.m.
Trading area: 4.500 sq.m.
Total area: 7.725 sq.m.
For rent the area: 7.725 sq.m.
Building type: New Building
Heating Type: Central Gas
Packing places: 159
Condition: Excellent
Year of construction: 2013- 2014
Rental income per month: 46.666, 67 €
Rental income per year: 560.000, - €
Purchase price: net 9.800.000, - €
Brokerage commission: 5,95% incl. VAT