Multifunctional center with a large plot, Prague, Czech Republic

Additional information is provided after the signing of an NDA

Contact an agent at Tranio.com, and we will help find the perfect property for you, wherever it may be.

Multifunctional center with a large plot, Prague, Czech Republic

1,637,000 €
Learn the property location
Send the listing to yourself
  • Yield
    5.5%
  • Rental rate (m²/month)
    7 €
Details
Property parameters
  • Leasable area: 1,032 m²
  • Land area: 5,061 m²
  • Number of parking lots: 16
  • 3-floor building
Financial performance
  • Annual income: 90,247 €
Property status
  • Most recent total renovation: 2000
Transaction costs
  • Broker: 2.0%

Multifunctional center with production and office spaces as well as a land plot of 5061 m².

Description

The building includes:

  • showroom (140 m²)
  • offices (421 m²)
  • warehouse (389 m²)
  • storage (82 m²)

The plot can be used for the construction of a residential house or for the expansion of production.

The building is constantly maintained in a good condition.

Deal type: Asset Deal.

Financial performance

The cost of the property is 42,000,000 CZK/ 1,637,000 euro (tender).

The absolute annual income is 2,315,256 CZK (90,247 euro).

The current yield is 5,5%.

It is possible to achieve an even greater level of profitability due to a change of tenant.

Tenants

The property is leased to a single tenant for 7 years. The lease is valid until September 2019.

Transaction costs

Brokerage fee is 2%.

Location

The property is located in the city center, in the Prague 5 district.

The area has good transport accessibility and quite

neighborhood.

Prague is the capital of the Czech Republic with the population of more than 1.28 million people.

The city is the main political, economic and cultural center of the Czech Republic and a major tourist center of Europe. The historical center of Prague is listed as a UNESCO World Heritage Site. The number of tourists in Prague in 2017 exceeded 10 million people.

From the branches of industry in Prague machine building (machine-tool building, transport, electrical engineering), chemical, textile, clothing, printing, food industry are developed.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Prague.

All ads in the country: shopping centers for sale in the Czech Republic.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request