Total leasable area — 9,000 m².
Plot area — 19,000 m² (it's possible to extend by 6,000 m²).
There is a parking for 118 cars.
The annual income is 420,000 €.
The yield is 6.2%.
The property is fully let. The tenant is a well-known DIY retail chain with more than 380 stores in Germany and Austria. The lease agreement is valid until 2034.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of North Rhine-Westphalia, 50 km from Magdeburg and 50 km from Goslar, 3.4 km away from a city with a population of over 40,000 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.