- 27,285,000 €
- 4.7% yield
- Saxony-Anhalt Shop 1,905,000 €
- Basic parameters
- Photo
№ 2,271,084
Shop 6,600 m² in Saxony-Anhalt
1,905,000 €
288 € /m²
- Total area 6,600 m²
- Yield 4.0%
- Lease term 2024
- Constructed —
Key project parameters
- Total area
- 6,600 m²
Project description
DIY store in the federal state of Saxony-Anhalt.
Description
Shop with an area of 6,600 m².
Tenants
- Agreement
- Yes
- End of lease
- 2024
The property is fully let. The tenant is a chain of DIY stores with branches all over Germany.
The tenancy agreement has been concluded till 2024.
Financial performance
- Yield
- 4.0%
The annual net income is 170,000 €.
The net yield is 10.6%.
Transaction costs
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Location and nearby infrastructure
The property is located in the federal state of Saxony-Anhalt, in a town with a population of about 20,000 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.
More properties
If this property wasn’t for you, take a look at other retail space for sale in Saxony-Anhalt.
All ads in the country: retail space for sale in Germany.
Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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