ID: 1394
House

Supermarket for sale Brandenburg, Wittenberg, Germany

Enquire about this Property

€1,075,000

Enquire about this Property

Additional Information DESCRIPTION

You will love this supermarket in Wittenberg, Brandenburg federal land. The property also includes 65 parking spots.

Year built – 1996 (

Land Area – 7,227 m2

Total Area – 1,557.57 m2

Commercial Area – 1,247.86 m2

Living Area – 309.71 m2

Revenue from the rent – €97,761 (up to €101,105.40 if fully rented)

Rate of return – 8.53% (up to 9.41% if fully rented) 

Price – €1,075,000

The main tenant is the chain of grocery German supermarkets NORMA. The lease contract was signed until 2021. The contracts of other tenants are valid either until 2018 or it is a perpetual contracts.

A supermarket is located 1 km away from the center of Wittenberg, in a residential area. There is a railway station with speed trains nearby. The district center, Perleberg is only 16 km away from the property.

The town of Wittenberg is located in the north-west of Brandenburg, on the north bank of the Elbe River. The population is about 21,000 people.

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 supermarket in Germany!

lt;!--[if !supportLineBreakNewLine]-->
<!--[endif]-->

Additional Information PROPERTY DETAILS
  • Type of Property: Supermarket
  • Property Type: Secondary market
  • Status: Good
  • Location: Wittenberg, Brandenburg, Germany
  • Land Area: 7227 m²
  • Total Area: 1557 m²
  • Sale Price: €1,075,000

Financial Information

Price
€1,075,000
Rent Income per year
€91761
Rent Income per month
€7646,75
Profitability
8,53%
Payback
11,7 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Near metro / stop
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 7227 m²
Total Area: 1557 m²
Year Built: 1996
Parking: Есть
Parking Spaces: 65
Enquire about this property
one of our advisors will be in touch regarding your enquiry