Commercial property 1 085 m² in Lower Saxony, Germany

Germany Earth Lower Saxony district Hanover, Springe Penny supermarket 20km from Hanover Commercial building, long-term rental to the Penny supermarket and network bakery ( 20 branches ). Location: Bennigzen district ( railway station ) in Spring, 20 km from Hanover. The supermarket is located directly next to the city station. 460 to Hildesheim passes through the city. Land area: 4 850m2 Useful area of the building: 1 085m2 Year of construction of the building: 2006 Building condition: good Parking for 80 cars. The lease agreement with the Penny supermarket is concluded until 11/30/2021. with the option of extension 5 times for 3 years. The lease agreement with the bakery is concluded until 10/31/2022. with the option of extension for 5 years. Income from rental per year: 135 360 € ( 8.46% per annum ) It is possible to obtain a loan in the amount of 950 000 € at 1.75% per annum. Subject to the use of the loan, the return on the investor's own funds will amount to 12.9% per annum Price: 1 600 000 €