Supermarket in Thuringia.
Description
The building has an area of 1,000 m².
The annual income is 145,000 €.
The yield is 5.25%.
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 2036 with the extension options 3x5 years.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The building is located in Thuringia.
Thuringia is a state located in central Germany covering an area of 16,171 square kilometres. The population of the state is 2.15 million inhabitants. Erfurt is the state capital and largest city.
Thuringia is surrounded by the states of Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony.