Supermarket in Saxony-Anhalt.
Description
Grocery store with a total leasable area of 700 m².
Financial performance
The annual income is 42,000 €.
The yield is 6%.
Tenants
The property is fully let. The tenant is a German supermarket chain with over 4,000 grocery stores in Germany.
The lease agreement is valid until september 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 supermarket is located in the federal state of Saxony-Anhalt.
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.
