Property description

The shopping centre is located in the city centre. There are four tenants in the building, each of them large German chains with leases until 2025-2029 with no right of termination. Anchor tenants Wollworth occupies 1,123m2 with a lease until 2042, with no right of termination until 2029, Peny occupies 1,014m2 with a lease until 30.09.2024. Peny is prepared to take the option early for 3 years, thereby extending the contract until 2027 without the right of termination. The car parks are located on 3 or 4 floors of the building under the management of a specialist company, generating more than 100,000 euros in revenue per year. The first floor of the building has been leased for a fitness studio until 31.05.2021 and is currently being negotiated with a large German fitness chain for a long-term lease. Brokerage commission 6% excl VAT.