Tapolca, Fő tér 4. For sale business-premises with street entrance

FOR SALE – Retail Property Leased to DM in the Heart of Tapolca – Main Square

Asking Price: HUF 135,000,000 + VAT
(Subject to the applicable conditions of the Hungarian VAT Act, the reverse charge mechanism may apply where the purchaser is a taxable person registered for VAT in respect of real estate transactions.)

We are offering for sale a fully let commercial property located in the absolute heart of Tapolca, on the Main Square (Fő tér), currently operating as a DM drugstore.

The property consists of two separate condominium units that have been physically interconnected and are operated as one functional retail unit. Both units are jointly occupied and used as a store by dm-drogerie markt Kft.

Key Property Details
Address: H-8300 Tapolca, Fő tér 4. / Batsányi János utca 2.
Land Registry Nos.: 1/A/5 and 3/A/1
Total registered floor area: 472 m²
Ownership: two separate condominium units, each held in 100% ownership
Location within the building: ground floor
Access: direct street entrance
Current use: fully let, operating as a DM drugstore
Condition: good, well maintained
Heating: district heating with panel radiators
Cooling: air-conditioned retail area
Prime City-Centre Location

The property is located in Tapolca’s historic and commercial city centre, directly on Fő tér, the town’s Main Square.

The immediate surroundings include retail shops, restaurants and cafés, service providers, residential properties and public institutions, making the location highly attractive from both a retail and investment perspective.

The retail unit is situated on the ground floor and benefits from direct street access. Due to its central location, it is easily accessible on foot and by public transport, with a bus stop located within approximately 200 metres.

Tenant: dm-drogerie markt Kft.

The property has been operating as a DM drugstore for many years.

The tenant, dm-drogerie markt Kft., is one of Hungary’s leading drugstore retail companies.

NOI: approx. HUF 8,100,000 per annum

The current lease agreement has a fixed term until 31 July 2027, after which the tenant has a one-time option to extend the lease for an additional three years.

Based on the asking price, the current rental income represents an initial net annual yield of approximately addition to the rent, the tenant bears the operating costs associated with the leased premises as well as the full condominium service charges attributable to the property.

Technical Specifications

The retail premises are located on the ground floor of a traditional brick-built historic building in Tapolca’s city centre.

The premises underwent a comprehensive refurbishment and conversion in 2009, and the interior has been specifically designed and fitted out for retail use.

The property is in good technical condition and has been continuously maintained. The retail area is air-conditioned, while heating is provided by the district heating system.

Investment Highlights
Prime location on Fő tér in the absolute centre of Tapolca
Excellent established retail location
Ground-floor retail premises with direct street access
Two separate condominium units, each held in 100% ownership
Well-known and established national tenant: dm-drogerie markt Kft.
Long-established retail operation at the property
Significant proportion of operating costs borne by the tenant
Approx. 6.01% initial net annual yield
Immediate rental cash flow

The property represents an attractive opportunity for investors seeking an income-producing retail property in a prime city-centre location with a nationally recognised and established tenant.