Chain supermarket in the federal state of Saarland.
Description
Supermarket with an area of 1,750 m².
Financial performance
The annual net income is 130,000 €.
The net yield is 9.4%.
Tenants
The property is fully let. The tenant is a well-known German supermarket chain with several thousand grocery stores in Germany.
The tenancy agreement has been concluded till 2025.
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.
Saarland is a federal state in Germany bordering on France and Luxembourg. The capital is the city of Saarbrucken. The main economic branches are auto industry, metallurgy, ceramic industry, and IT.
