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Hildesheim is one of the largest centers of the federal land Lower Saxony with the population of 103 000 inhabitants. It is known since the IX century and thanks to unique historical monuments of an era of the Middle Ages enters the list of cultural heritage of UNESCO. The largest employers of the city are the companies: Bosch, Blaupunkt (subsidiary in Robert Bosch Corporation GmbH concern), the Coca-Cola Company, Krupp (most major concern on production of sheet stainless steel), Thyssen (window systems). Hildesheim has effective transport infrastructure - the regional center for the railroad which is also connected with the highway. The nearby cities are Hanover (30 km) and Salzgitter (25 km).

Price 3 371 483 EUR
Plot area4903 m2
Property area1100 m2
Year built2017
Number of parking spaces60
Rented outyes
Number of commercial units1
Rentable area1100 m2
Current year’s income198 323 €
Full year’s income198 323 €
Actual yield5.88%
Potential yield5.88%

Purchase costs
Notarization50 572 €
Purchase tax118 002 €
Brokerage commission (6% excl VAT)202 289 €
Total370 863 €
Property description:

Anchor tenant - Netto supermarket, lease for 15 years without the right to terminate. Netto supermarket chain was established in 1983. The first supermarket was opened in Bavaria. In the 90s the network began to develop actively, and in 2005 the brand Edeka was added to the network. Netto is considered the largest food discounter in Germany. Every year net profit Netto increases.

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