Commercial center, Lower Saxony, Germany

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Commercial center, Lower Saxony, Germany

12,800,000 €
1,584 € /m²
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  • Total area
    8,079 m²
  • Yield
    7.4%
Details
Property parameters
  • Number of parking lots: 50
Financial performance
  • Annual income: 951,000 €
Tenants
  • Occupancy: 92%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Stand-alone building with commercial and residential units.

Description

Total area of the property is 8,078 m²

Commercial area — 6,680 m²

Living area — 1,399 m²

The purchase price includes parking for 50 cars.

Financial performance

Absolute annual income is 951,000 €.

The current yield of 7.4%.

Tenants

The anchor tenant is a drogerie store chain.

The lease agreement is valid through 2031.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 5%.

The broker's fee of 5.95%.

Location

Commercial center situated in the central area of the city with population of about 100 thousand people. There are offices, restaurants and public transport stops located in close vicinity of the property.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Lower Saxony.

All ads in the country: shopping centers for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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