Shop, Thuringia, Germany

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Shop, Thuringia, Germany

1,134,000 €
945 € /m²
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  • Total area
    1,200 m²
  • Yield
    9.1%
Details
Financial performance
  • Annual income: 104,324 €
Tenants
  • Fully let
  • End of lease: 2026
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT

Shop with a chain tenant in Thuringia.

Description

Shop with an area of 1,200 m².

Financial performance

The annual net income is 104,324 €.

The net yield is 9,1%.

Tenants

The property is fully let. The tenant is a chain of non-food stores with more than 100 branches.

The tenancy agreement has been concluded till 2026.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.5%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The building is located in Thuringia, in a town with a population of about 15,000 people.

Thuringia is a state located in central Germany covering an area of 16,171 square kilometres. The population of the state is 2.15 million inhabitants. Erfurt is the state capital and largest city.

Thuringia is surrounded by the states of Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony.

More properties

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

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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