Description
For sale construction hypermarket in Germany.
Description:
Land area: 14.588 m2
Property Area: 6.265 m2
Year Built 1997
Year of modernization 2015
Number of parking spaces 187
The hypermarket is located in the city of Hannover - which is the administrative center of the state of Lower Saxony,
which is home to more than 500,000 people. Hanover is also a large railway junction at the intersection of two highways - Hamburg - Munich and Berlin -
Amsterdam. Today, Hannover is Germany’s largest exhibition city, an economic and industrial center.
The lease agreement until July 30, 2021, without the right of termination.
The tenant has operated the facility since 1998.
There is a possibility of expanding the sales area to 9.800 m2, according to the plan for building the city
Rental income per year 306.000 €
Profitability: 13.3%
Additional information on request!