Description
Pet supplies shop with a total area of 400 m² and a retail area of 300 m².
There is a parking for 45 cars.
The building was built in 1995 and renovated in 2023.
The annual net income is 32,400 €.
The yield is 5.4%.
The property is fully let. The tenant is a well-known chain of pet supplies shops with more than 1,400 branches throughout Europe.
The lease agreement is concluded for 10 years with 3x5 years extension options.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
The property is located in Saxony-Anhalt. The population of the town is about 30,000 inhabitants.
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.