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Car service in Zwickau
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Zwickau has approximately 97 000 inhabitants and is located in the federal state of Saxony. It belongs to an industrial and economical core region. Zwickau, known as the city of Automobiles, is the cradle of the Saxon automotive industry with an over one hundred year old tradition. The city has a long history of automotive development and automobile industry along with Auto Union. Well known beyond Germany's borders are trademarks such as Horch, Audi, Trabant and Volkswagen. The West Saxon University of Applied Sciences of Zwickau (Westsächsische Hochschule Zwickau) has always been an important centre for education and training of automotive engineers. Most of its graduates do not leave the city, but stay in Zwickau to work at the automobile manufactures.

Price 550 000 EUR
Plot area1085 m2
Year built2006
Number of parking spaces12
Rented outyes
Number of commercial units2
Rentable area400 m2
Current year’s income51 000 €
Full year’s income51 000 €
Actual yield9.27%
Potential yield9.27%

Purchase costs
Notarization8 250 €
Purchase tax19 250 €
Brokerage commission (6% excl VAT)33 000 €
Total60 500 €
Property description:

The tenant is the largest network of the car services. The lease contract till December 2033 without the right of cancellation till December 2023. The facility is in a good condition.

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