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Leased petrol station
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Location:
The property is located on the A2 federal road which connects Berlin and Hannover.

Price 1 700 000 EUR
Sold
Property typeCommercial property
Property conditionGood
Plot area12044 m2
Rented outyes
Current year’s income160 000 €
Full year’s income160 000 €
Actual yield9.41%
Potential yield9.41%


Purchase costs
Notarization25 500 €
Purchase tax85 000 €
Brokerage commission (6% excl VAT)102 000 €
Total212 500 €
Property description:

A lot leased to a petrol station belonging to a large German chain. Total size of the lot is 12 000 square meters. Lease contract until 31.12.2019, tacit renewal until 2029 (if not cancelled 12 months in prior) + further renewal options for 5 years.

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