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ID> 388

Bank building for sale in Germany Meissen 8% Guaranteed Yield



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Description

Bank guarantees Yield of 8% for 10 years 1111grey stop.jpg

Bank office building for sale in Germany  Meissen,

Triple A city centre location
Built 1994
Completely renovated in 2009
Building of 5 floors
5 tenants including:
German Sparkasse bank
and
AOK a semi state national health
government insurance body.
Plot size 1.180 m²
Floor space 5.552 m²
Rental contracts:
Bank hold a 20 year lease
Other tenants 10 year leases.
The bank will give a 10 year rent guarantee alternatively the bank will take over the whole building as the sole tenant.
Net rental income per annum: 344.798 €
Asking price 4.300.000 €
Yield 8.01% 

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