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Bad Hersfeld, Hesse, --- Retail Investment ---, (Yield: 7.4%), [Ref. 218],

Type: Retail
Offer Status: For Sale
Estate Agent: Insight Property Ltd

Asking Price

EUR 2,250,000

£ 0*
US$ 0

Features

Type: Retail Investment
Ref: 218GEOH07
Location: Bad Hersfeld, Hesse
Area: 1,435 sqm (15,446 sq ft) retail area; Site: 4,334 sqm (46,651 sq ft)
Annual Rent: EUR 166,391
Gross Yield: 7.4%
Price: EUR 2,250,000

Description

This shopping mall comprises the branch of a major supermarket chain, independent bakery, butchers and off licence shops. The property enjoys a prominent location on the road linking the city of Bad Hersfeld to the A4 motorway. The supermarket lease runs until 31.12.2012 with three 5 year options. The off licence operator has 105 stores throughout Germany.

Bad Hersfeld a city of 30,000 people is located in the centre of Germany, in the Federal State of Hesse. Because of its central location Bad Hersfeld has attracted a number of logistics companies to set up distribution hubs.

Insight Property Ltd. specialise in the sourcing and marketing of high-quality investment property opportunities. Please do not hesitate to contact us in case you should have any questions or queries on this property or if you would like to obtain knowledgeable, reliable assistance with investing in the German property market.

(c) 2007 Insight Property Ltd.
While every effort has been made to ensure the accuracy of the data provided, neither Insight Property Ltd nor its agents or representatives will be responsible for any loss or damage on the part of users however caused.

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