Shop in city Gera
4766.00 sq.m.

€ 976 250

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Your attention is invited to the rented furniture shop in the city of Grana under Hero, Germany

The shop is leased until September 2028-known retail chain selling furniture and brings a stable income 75 000,00 € per year

Description

Mall Dealer GmbH was founded in 2019 as a new retail division of Spar Möbel GmbH, which are 7 furniture stores in Central Germany. The object of the company is trade and distribution of kitchens and furniture.
The lease agreement was concluded for a limited period of time to 31.08.2029. As 31.08.2021 there is a one-time possibility of termination of the lease. This right of termination is due solely to the failure to reach the contracted volume of sales, which must be confirmed in writing to the lessor.
If a special right of termination will not be implemented, the monthly net rent will increase from 01.09.2021 to € 10 400 plus VAT (€ 124 800 / year) which will increase the payback factor to 8 (return 8)

Financial parameters

Financing is available at interest rate of 2.0 - 3.0 %
Features

Potential increases in profitability + 2,0 - 3,00 %
Long-term contracts
The costs of owning
Cost of services the management company is 23,00 €.


Our company CM Real Estate is a market-leading German real estate. In addition to the classical brokerage services, we also provide our clients a wide range of services for the design, construction, financing and property management. We are a reliable partner in obtaining a residence Permit and business registration in Germany. We accompany our customers from the first examination of their chosen object before keys can be released after completion of the transaction. We take on the execution and translation of necessary documents, evaluate of real estate, finding and negotiating with the right people and partners, conduct the necessary market analyses and the state of the objects as well as offer our customers a variety of options for increasing liquidity and profitability of projects. We also provide our clients with any legal and technical advice on investment in German real estate.

In case you are interested in this and the other proposed to review us objects You can leave us a request. Employees of the company CM REAL ESTATE will contact You shortly and provide to Your attention the objects that match Your request.

All additional information on objects off market on request. After signing with us the preliminary agreement, you can get more information on this project, including documentation and additional photographs of the object.


The Object number in the database (ID): 206

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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