Land area 50.000 m2
The area of both halls 19.200 m2
Expected rent EUR 4.20 / m2 / month
Estimated revenue from rent 967 680, - EUR / year
Exp. yield 8 % - 12 %
In cooperation with our partner, we offer the possibility of acquiring a construction project for a production and storage hall in the Hradec Králové Region. The subject of the sale is a project for the construction of a production and storage hall in the suburbs of Trutnov, including land with a total area of 50,000 m2.
The project envisages two stages of construction. A building permit has already been issued for Phase I of the project – a universal hall with an area of 11,000 m2 and a paved area of 6,182 m2 (50 % of the land area) are designed. II. phase envisages the construction of a second universal hall with an area of 8,200 m2. This stage is still in the phase of preparation for obtaining a building permit.
The property is located in the land register Trutnov. The industrial zone is near a bus stop and train station, transport accessibility is very good. All utilities are brought to the boundary of the property.
Both halls total 19,200 m2
Expected rent EUR 4.20 / m2 per month excluding services Basic rental rate for storage space
Expected annual revenue from rent 967.680, – EUR
Annual yield 8-12 %
Price per square meter of land 1.200,- CZK
Total price for the project and land 60.000.000,- CZK
The profitability of the project has not been estimated so far. The final profitability will be affected by a number of variables such as rental price, occupancy rate, construction price, hall equipment such as a gantry crane. At present, the basic price of rent for storage tempered space is calculated.
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