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Auto showroom near Hannover
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Location:
Hannover is the capital of the federal state Lower Saxony with a population of over 500 000 people. The city is a major crossing point of railway lines and highways, as well as one of the most important industrial and commercial centers of Germany, known for hosting annual commercial trade fairs such as the Hanover Fair and the CeBIT. In 2000, Hanover hosted the world fair Expo 2000.

Price 1 350 000 EUR
Plot area5500 m2
Property area1450 m2
Year built2002
Rented outyes
Current year’s income121 000 €
Full year’s income121 000 €
Actual yield8.96%
Potential yield8.96%


Purchase costs
Notarization20 250 €
Purchase tax67 500 €
Brokerage commission (6% excl VAT)81 000 €
Total168 750 €
Property description:

The tenants are showroom used cars and autodetails shop. The lease contracts are thermless

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