Commercial in Baden-Baden

€ 70,000,000

Description

Business Complex on Lake Constance, on the border with Switzerland with the Hampton by Hilton Car hotel, Conference Center, Restaurant, Sky Lounge Parking and office building

Land: Baden-Württemberg
The object is still under construction (the beginning of construction in September 2017)
At the beginning of construction, the facility has already been leased by more than 80%.
Property type: Hotel with conference center, parking, restaurant, Sky Lounge and office complex
Year of construction: 2018
Ground area: 12.900 m2
Total rental area: 21 564 m2
Building area 1: 13 894 m2
Specifically by area:
6 569 m2 Office space
2800 m2 of exhibition area
1725 m2 Logistics and warehouse
1500 m2 Conference center
900 m2 Sky Lounge
400 m2 Cafeteria, restaurant
Building area 2: 6.420 m2 (hotel with 183 rooms)
Building area 3: 1.250 m2 (multi-level parking for 420 cars)
Leased: 100%
Architectural record: no
Land leased: no
Fully in ownership: yes
Annual net income: € 3.652.810,00
Price: € 70.000.000,00
Brokerage commission: 3.57% incl. VAT
Factor: 19.2
Profitability: 5.2%
Value for the region
The proposed business complex is located in the center of the "innovative Stuttgart-Zürich axis". This southern region on the border with Switzerland in conjunction with the metropolitan region of Munich is called the "German region-winner" (Prognos Zugensatlas 2016). The high density of industry, significantly exceeding the average in Germany, creates exceptional innovative strength and competitiveness. Nowhere in Europe are there so many industrial companies in this region. Along with the economic space and the purchasing power of Switzerland, there is and is growing the most promising demand for conference centers, business complexes like this one.
According to forecasts ("Prognos-Zukunftsatlaslaslas 2016") for 2016, this business complex is among the top 10 among the 402 others in various regions of Germany with the best prospects and opportunities in the field of "competition and innovation."
From the point of view of location, the project is characterized as "1A positioning" and according to the tenants' approval is judged the highest and best. In addition, the project enjoys the greatest public interest and, according to the statements of regional policy, is a guide for the overall development of the city. In addition, this facility has the support of both regional and city authorities.

Additional information about the object after the LOI, copies of the passport (for individuals) or the registration number of the company with all data (for legal entities), NDA (NDA) and bank statements on the availability of funds (certificate of capital, POF ).


Property details

Floor
-
Guard
1
Close to
Lake
Type of location
Countryside
Number of premises
8
Currently functioning
1
Type of parking
Covered
Rental income
3652810
Ownership type
Proprietary
Payback period
5,2
Last renovation
2018
Year of construction
2017

Location

Baden-Baden

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