Car service, Leipzig, Germany

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Car service, Leipzig, Germany

1,500,000 €
2,380 € /m²
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  • Total area
    630 m²
  • Yield
    6.6%
  • Rental rate (m²/month)
    13 €
  • Built in 
    2000
Details
Property parameters
  • Leasable area: 630 m²
  • Land area: 3,600 m²
  • Number of parking lots: 20
Financial performance
  • Annual income: 99,020 €
Tenants
  • Fully let
  • End of lease: 2034
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

Parking for 20 cars.

Tenants

The property is fully let. The tenants are two chains of car services, each of them has several hundred branches in Germany.

The lease contract 1 is valid until 2034 (without right of withdrawal till 30.04.2025).

The lease contract 2 is valid until 2030 (without a right of termination till 31.05.2025).

Location and nearby infrastructure

The property is located in the federal state of Saxony, in Leipzig.

Leipzig is a city in Germany located in the west of Saxony. With approximately 590,000 inhabitants and an expected population growth of 13.9% by 2030, Leipzig is one of the fastest growing cities in Germany, that shows its attractiveness for investment.

Due to its central location in Germany, Leipzig has excellent connections with Berlin, Frankfurt, Munich, Hamburg and other major cities. The road to Berlin takes no more than 1 hour; Frankfurt, Munich and Hamburg can be reached by train in 3 hours.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Leipzig.

All ads in the country: retail space for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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