ID: 1747
House

Supermarket for sale Saxony, Germany

Supermarket in Saxony. Profitability 8,8% 

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€1,200,000
Supermarket in Saxony. Profitability 8,8% 

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Additional Information DESCRIPTION
We are happy to offer you a supermarket in Hoyerswerda (land - Saxony). The object was built in 1994 on a land plot of 6,126 sq.m. The overhaul was carried out in 2018. Near the building there is a private parking for 65 cars. Condition is good.
 
The property consists of 11 commercial units, of which 3 are currently available and available for rent. There is the potential to increase rental income.
 
Currently tenants are:
1) Retail network TEDi, with which a new contract for 5 years.
2) Mail (distribution point)
3) Asian Bistro
4) Newsstand LOTTO
5) Bakery
6) Dental laboratory
 
Price - 1 200 000 euros
The total area is 2,031.76 sq.m.
Rental income - 105 530.52 euro / year (with the full delivery of premises for rent may increase to 122 799.72 euro / year)
Profitability - 8.8% (with the full delivery of premises for rent, an increase up to 10.24% is possible)
 
Hoyerswerda - a city in Germany, a former city of land subordination, located in the state of Saxony. Subordinated to the administrative district of Dresden. Included in the district of Bautzen. The population is about 44,000 people. Distance to major cities: about 30 km to Cotbus (population over 100 thousand people), about 50 km to Dresden (population over 550 thousand people).
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a highly profitable supermarket in Saxony!
Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Supermarket
  • Property Type: Secondary market
  • Location: Saxony, Germany
  • Land Area: 6126 sq m
  • Total Area: 2031 sq m
  • Sale Price: €1,200,000

Financial Information

Price
€1,200,000
Guaranteed rent
Rent Income per year
€105530
Rent Income per month
€8794
Profitability
8,8%
Payback
11,4 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
3,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
Supermarket with tenant in Saxony for sale
Commercial property with tenant in Saxony for sale

ATTRIBUTES

Land Area: 6126 sq m
Total Area: 2031 sq m
Year Built: 1994
Parking: yes
Parking Spaces: 65
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