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Shoes Supermarket in Lower Saxony
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The property is located near Oldenburg. Oldenburg is one of the large cities of Lower Saxony, Germany, on the navigable river of Gunte. The population of the city makes окло 160 thousand people.

Price 750 000 EUR
Plot area4347 m2
Property area1780 m2
Year built1980
Year of modernization2006
Number of parking spaces60
Rented outyes
Rentable area1600 m2
Current year’s income90 000 €
Full year’s income99 720 €
Actual yield12%
Potential yield13.3%

Purchase costs
Notarization11 250 €
Purchase tax37 500 €
Brokerage commission (6% excl VAT)45 000 €
Total93 750 €
Property description:

The object was constructed in 1980, the full modernization has been carried out in 2006. The tenant is shoe supermarket with lease contract until 2021, non-cancellable. In the building the premises of 180 sq.m. are also located. At present this room isn't leased

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