tel +49 30 206 1444 8 North West Estate fax +49 30 203 94 022 www.nw-estate.com Berlin, Nürnberger Str. 9-11 www.nwe-group.com Leipzig, Dresdner Str. 1 e-mail:
[email protected] ID 5540 Supermarket near the town of Lübeck Price 1 400 000 EUR Plot area 5540 sq.m Property area 1470 sq.m Year built 1995 Number of parking spaces 95 Rented out yes Number of commercial units 2 Current year’s income 140 000 € Full year’s income 170 070 € Actual yield 10% Potential yield 12.15% Brokerage commission: 6% + VAT. Property description: The building is leased by a large discounter Penny. The lease contract is signed till 2023. Penny is a discount supermarket chain based in Germany, which operates 3,550 branches in Europe. It is owned by Rewe Group. At the European market Penny is the third-biggest grocery discount. Throughout Europe more than 43,000 employees are occupied. Penny is present with his supermarkets in Germany, Italy, Hungary, Romania and Czechia. Penny offers currently an assortment of about 1,400 articles. Self-service meat, fresh cakes and pastries as well as newspapers and magazines also belong to it. Also there are Non Food articles, such as electrical appliances, clothes, household appliances, photo service, trips etc.) on offer. Location: Lubeck - a city in northern Germany, located in the southeast of the state of Schleswig -Holstein , on the Baltic coast , the second largest city after the capital of the earth - the city of Kiel . A population of about 214,000 people.