Supermarket with a lease agreement for 15 years, Saxony, Germany

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Supermarket with a lease agreement for 15 years, Saxony, Germany

4,200,000 €
1,105 € /m²
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  • Total area
    3,800 m²
  • Yield
    5.8%
  • Built in 
    2019
Details
Property parameters
  • Number of parking lots: 60
Financial performance
  • Annual income: 243,600 €
Tenants
  • Fully let
  • End of lease: 2034
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

A new supermarket with a well-known retail chain tenant, separate bakery and butchery in Saxony.

Financial performance

The absolute annual income will be 243,600 €.

The yield will be 5,8%.

Tenants

The anchor tenant is a large supermarket chain with several thousand stores in Germany. The company's annual turnover exceeds 10 billion euros.

The lease agreement with the supermarket is valid for 15 years.

The lease agreement with the bakery is valid for 5 years.

The lease agreement with the butchery is valid for 5 years.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6,5%.

Brokerage fee is 4% + VAT 19% (total 4,76%).

Location and nearby infrastructure

The property is located in Saxony, in the city with a population over 30,000 people.

The presence of the federal highway and railway communication with Berlin makes the region attractive for buying both residential and commercial real estate.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Saxony.

All ads in the country: supermarkets for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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