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Supermarket near Cologne
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Location:
Cologne is the Germany's fourth-largest city (after Berlin, Hamburg, and Munich), is the largest city both in the German Federal State of North Rhine-Westphalia and within the Rhine-Ruhr Metropolitan Area, one of the major European metropolitan areas with more than ten million inhabitants. As the largest city in the Rhine-Ruhr metropolitan region, Cologne benefits from a large market structure. In competition for location factors with Düsseldorf, the economy of Cologne is primarily based on insurance and media industries, while the city is also an important cultural and research center and home to a number of corporate headquarters.

Price 1 300 000 EUR
Plot area2150 m2
Year built1998
Rented outyes
Number of commercial units1
Current year’s income135 000 €
Full year’s income135 000 €
Actual yield10.38%
Potential yield10.38%


Purchase costs
Notarization19 500 €
Purchase tax84 500 €
Brokerage commission (6% excl VAT)78 000 €
Total182 000 €
Property description:

Tenant is a supermarket EDEKA. The lease contract until 2030 and non-cancellable until 2021. EDEKA is located in a building from the time of construction.

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