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Penny Supermarket in Saxony
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The property is located near Freital. Freital is the city, with stasus big regional, is located in the State of Saxony in Germany. The population is about 40 thousand people.

Price 1 180 000 EUR
Plot area4756 m2
Year built1993
Year of modernization2016
Rented outyes
Rentable area955 m2
Current year’s income82 680 €
Full year’s income82 680 €
Actual yield7.01%
Potential yield7.01%

Purchase costs
Notarization17 700 €
Purchase tax41 300 €
Brokerage commission (6% excl VAT)70 800 €
Total129 800 €
Property description:

The supermarket is located in small town in Saxony. An anchor tenant is Penny supermarket. The lease contract until 2028, non-cancellable. Also in the building there is a bakery. In the summer 2016 capital repairs of an object have been made.

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