Commercial units, Chemnitz, Germany

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Commercial units, Chemnitz, Germany

2,580,000 €
1,610 € /m²
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  • Total area
    1,602 m²
  • Yield
    8.2%
  • Built in 
    2004
Details
Property parameters
  • Land area: 10,466 m²
  • Number of parking lots: 80
Financial performance
  • Annual income: 212,292 €
Tenants
  • Fully let
  • End of lease: 2020
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

Retail premises.

Description

Total area of the property is 1,602 m²

Property comprised of 4 commercial premises.

The purchase price of the property includes parking for 50 cars.

Financial performance

Absolute annual income is 212,292 €.

The current yield of 8.2%.

Tenants

The anchor tenant is a supermarket chain.

Other tenants are a beverage store, a bakery and a butcher shop.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 3.5%.

The broker's fee of 4%.

Location

The property is situated in the south-west of the city, on the border with a large residential area. There are several schools, doctors' offices and nurseries located in proximity from the units. The population of the city is about 242 thousand people.

More properties

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

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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