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Supermarket in Flensburg
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Flensburg is the most northern in Germany. The city is located in the State of Schleswig-Holstein. Flensburg is the third largest city of the land after Kiel and Lubeck. The population of the city is about 90 thousand people. Flensburg is on the coast of the Flensburgsky fjord flowing into the Baltic Sea. In the city a set of the large enterprises such as are located: Motorola, Lufthansa, Mitsubishi

Price 1 800 000 EUR
Plot area5177 m2
Property area1112 m2
Year built2009
Rented outyes
Current year’s income138 000 €
Full year’s income138 000 €
Actual yield7.67%
Potential yield7.67%

Purchase costs
Notarization27 000 €
Purchase tax117 000 €
Brokerage commission (6% excl VAT)108 000 €
Total252 000 €
Property description:

The tenant is a supermarket Netto with the lease contract till February 2025. The object is in a good condition.

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