Commercial premises in Nuremberg, Germany
Nuremberg is a city in central Bavaria, located 170 kilometres north of Munich. The city has a population of approximately 500,000. Nuremberg is Germany's largest economic and cultural centre. The city ranks among the leading manufacturers of information technology and electronics, and is also a leader in the field of market research. International fairs and congresses are held annually in Nuremberg. With a contribution to the gross national product of 50 billion euros, the Nuremberg region ranks among the economically strongest regions in Germany.
- Site area - 1056 sq.m
- Building area - 299 sq.m
- Year of construction - 2007
The tenant is CARGLASS car service centre. There are more than 600 locations and mobile units of this service in Germany. Carglass employs about 2100 people in Germany. The head office of Carglass GmbH in Germany, with around 500 employees, is located in Cologne-Godorf. Carglass' activities are divided into three business areas: glazing of passenger cars, glazing of bus vehicles and glazing of railway vehicles. Carglass also offers services, the cost of which is reimbursed by car owners through insurance companies.
- The lease is until March 2028 with no right of cancellation.
- Rental income per year current - 72,474 €
- Full year rental income - 72,474 €
- Current yield - 6.04%
- Full year yield - 6.04%