Description
Total leasable area — 9,000 m².
Plot area — 19,000 m² (it's possible to extend by 6,000 m²).
There is a parking for 118 cars.
The annual income is 420,000 €.
The yield is 6.2%.
The property is fully let. The tenant is a well-known DIY retail chain with more than 380 stores in Germany and Austria. The lease agreement is valid until 2034.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of Saxony-Anhalt, 50 km from Magdeburg and 50 km from Goslar, 3.4 km away from a city with a population of over 40,000 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.
