Property Detail

Supermarket ALDI in the State of Saxony for Sale, Lease Agreement Ends 2032

Supermarket ALDI in the State of Saxony for Sale, Lease Agreement Ends 2032

Property type: supermarket
Purchase of established rental business

Tenure: freehold

Location: the state of Saxony, Germany

• property is located in a town with a population over 11,000

Building size: ca. 1,350 m2

Anchor tenant: ALDI (supermarket chain)
Other tenants: bakery, meat and sausage products

Occupancy: 100%

Lease Agreement ends: 2032 (+ renewal options 3x5 years)
Possibility of renewal: YES
Rent Review: YES

Purchase price: 2,770,000 EUR
(+ closing costs)

Rental Income: 147,400 EUR per annum
(+ indexation linked to inflation)

Yield: 5.3%

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http://www.brantstone.com/property/supermarket-aldi-for-sale-in-germany-03023576 03023576 Supermarket ALDI in the State of Saxony for Sale, Lease Agreement Ends 2032