Commercial property 1 110 m² in North Rhine-Westphalia, Germany

Germany North Rhine-Westphalia Land, Munster Supermarket Penny Commercial premises for long-term rental to the Penny supermarket. Year of construction of the building: 2008 The supermarket occupies part of the building. Good condition Commercial area leased: 1110m2 Number of parking spaces: 26 Type of heating: gas Agreement for the rental of premises is concluded on April 16, 2009 for 15 years with the option of extension 3 times for 5 years. Location: the best place in the center of Munster ( population of 280 thousand people. ). Nearby are large office centers, residential buildings, restaurants, cafes. There are also residential and commercial facilities under construction in this area. Income from rental per year: 180,000 € It is possible to obtain a bank loan in the amount of 1,400,000 € at 3.2% per annum. Profitability on loan: 9.7% per year. Price reduced from 2,400,000 € to 2,300,000 €