Car service in the suburb of Leipzig.
Description
Commercial premises with a total area of 1,130 m².
The annual net income is 112,524 €.
The net yield is 7,9%.
The property is fully let.
The tenant 1 is a well-known chain of furniture stores with several thousand branches all over the world.
The tenant 2 is a well-known chain of car service centers with several hundred branches in Germany.
The tenancy agreements have been concluded by an average till 2028.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of Saxony-Anhalt, in a town with a population of about 30,000 people.
Saxony-Anhalt is a state of Germany, bordering the states of Brandenburg, Saxony, Thuringia and Lower Saxony. Saxony-Anhalt is renowned for its rich cultural heritage and possesses the highest concentration of UNESCO World Heritage sites in Germany.
