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Supermarket near Berlin
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Location:
Supermarket located near Berlin, which is the capital of Germany with a population of 3.5 million people. It is an important cultural, political, media and science centre of Germany and EU. Its economy is primarily based on high-tech industries and the service sector, encompassing a diverse range of creative industries, research facilities, media corporations, and convention venues. Significant industries include IT, pharmaceuticals, biomedical engineering, biotechnology, electronics, traffic engineering, and renewable energy. Many German and international companies have their headquarters, business or service centers in the city, among those are Siemens, Osram and BMW. Berlin also serves as a continental hub for air and rail transport and is a popular tourist destination.

Price 1 350 000 EUR
Plot area5224 m2
Property area1146 m2
Year built2011
Rented outyes
Current year’s income127 000 €
Full year’s income127 000 €
Actual yield9.41%
Potential yield9.41%


Purchase costs
Notarization20 250 €
Purchase tax87 750 €
Brokerage commission (6% excl VAT)81 000 €
Total189 000 €
Property description:

The anchor tenant is the NETTO network. The lease contract until 2026. The network of the Netto supermarkets was created in 1983. The first supermarket was open in Bavaria. In the nineties the network started developing actively, and in 2005 the Edeka brand was attached to a network. Netto is considered the largest grocery discounter in Germany. Every year the net profit of Netto increases. In the adjacent territory there is a gas station.

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