Car Service Center in the State of Saxony-Anhalt for Sale, Lease Agreement Ends 2028
Property type: car service center
Purchase of established rental business
Location: the state of Saxony-Anhalt, Germany
• property is located in a town with a population of more than 30,000
• excellent location - about a 5-minute drive from the town center
Construction year: 2007
Latest renovation: 2021
Lettable area: ca. 300 m2
Land area: ca. 1,400 m2
Anchor tenant: car service center
Occupancy: 100%
Lease Agreement: until 2028
Possibility of renewal: YES
Rent Review: YES
Purchase price: 529,000 EUR
(+ closing costs)
Rental Income: ca. 35,500 EUR per annum
(+ indexation linked to inflation)
Yield: 6.7%
