Office space in the suburb of Mönchengladbach.
Description
Office with a total area of 3,500 m².
The annual income is 125,000 €.
The yield is 5%.
The property is fully let. The tenant is a perfumery and chemical production.
The lease agreement is valid until the end of 2021.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
The building is located in the suburb of Mönchengladbach, in a town of about 20,000 inhabitants.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
