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Commercial property for sale in Dusseldorf, Germany, 7224 m²

Commercial property for sale in Dusseldorf, Germany, 7224 m² - photo 1
Price€17,110,134
TypeCommercial property
Covered area7224 m²
Land area9819 m²
Expenditures of Investor40.1 %
Mortgage Loan59.9 %
Leased11
Profitability (first year)7.1 %
Average profitability8.1 %
Internal rate of return12.6 %
Rental (first year)€0
Rental (per year)€0
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Description

Annual turnover: 1.229 million eurotronic: 6.000 / Branches: 90Hit - network retailer. Along with the food the company sells household goods, books, appliances. A part of the trade network are also an online bookstore, online photo service.The company's headquarters is located in Siegburg (Siegburg). The total number of employees is over 6,000 people. Most of the shops located in the region of Siegburg, Munich and in the Federal state of North Rhine - Westphalia. The first store was opened in 1974 in Bonn. Buying competing companies and the opening of the following branches led to the rapid growth of the trade network. In 2006, the company Hit works closely with REWE Gruppe in the areas of procurement, financing and logistics.

Extra Сosts when Buying Property

Property Transfer Tax 3,5-6%
Notary Fees 0,7-3%
Legal Costs 0,3-1%

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Ongoing Ownership Costs

Annual property tax for a small flat €70-150 p.a.
Gaz €3-4/m³
Electricity, on average €0,29 KW/h
Water €0,30-0,50/m³
Radio and Cable TV €17/month
Internet ADSL €9,95/month
Fixed Telephone €15-40/month
Management company fees €30-50/month

Additional Services Costs

Agent Fee 3-6%+VAT

Return on Investment

Property Price
Rental Cost
0%
Company Representatives
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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