Car service center close to the center of Dresden.
Description
Car service center with an area of 590 m².
The annual net income is 86,862 €.
The net yield is 6.7%.
The property is fully let. The tenant is a well-known chain of car service centers with several hundred branches in Germany.
The tenancy agreement has been concluded till 2027.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Dresden is the capital of the federal state of Saxony. The population of the city is about 550 thousand people. Along with Munich and Potsdam, Dresden is one of the 10 fastest growing cities in Germany.
Dresden is one of the leaders in Germany in terms of economic growth. The city has one of the highest potentials for the development of the technological industry and research activities in Germany.
The economy of Dresden is based on the work of the port and the production of high-tech goods (specialized optical and medical equipment for trade, computers, machinery and tools).
