ID: 1362

Shopping center for sale Saxony, Neukirchen, Germany

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Additional Information DESCRIPTION

You will love this shopping mall in Neukirchen, Saxony free land. The property consists of 3 buildings with a total of 7 rental premises (1 of them is currently available for rent).

Year built – 1994/1995/1998

Land Area – 9,081 m2

Total Area – 2,260 m2

Revenue from the rent – 154,414 per year

Rate of Return – 8.96%

Price - €1,800,000

On the 1st building, there is Penny supermarket rents an area of ​​about 1150 m2 until 2025 with two extension options. Lease payments are €90,000 per year (about 63% of the total amount of lease payments for the facility)

2nd building consists of 3 rooms (200 m2, 200 m2, and 140 m2). There are a gift shop Komma 10, a newspaper shop, and the third room is currently available for rent. The contracts are unlimited with the term of cancellation notice of 6 months.

3rd building also consists of three rooms: about 420 m2 occupies a beverage store with an agreement until 2019, 85 m2 rents the insurance company (unlimited contract, term of notice of cancellation - 6 months), 50 m2- beauty salon (unlimited contract, term of notice of cancellation - 6 months).

The shopping center is located in Neukirchen that is in Saxony Federal Land. The population of the city is 7,000 people. Neukirchen is a suburb of Chemnitz that is one of the main industrial and economic cities of the country.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

Do not miss a unique opportunity to have a shopping mall in Germany!

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Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Status: Good
  • Location: Neukirchen, Saxony, Germany
  • Land Area: 9081 m²
  • Total Area: 2260 m²
  • Sale Price: €1,800,000

Financial Information

Rent Income per year
Rent Income per month
11,7 years

Purchase Cost

Agency commission
Tax on the purchase
Services notary
Rental services
Services of the management company
Additional Information OTHER INFO


Land Area: 9081 m²
Total Area: 2260 m²
Year Built: 1994
Parking: Есть
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