Supermarket in Saxony-Anhalt.
Description
Grocery store with a leasable area of over 700 m².
The annual income is 52,000 €.
The yield is 6%.
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 the end of 2022 with the extension options 3x5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
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.