Commercial in city Veigy-Foncenex
500.00 sq.m.

€ 600 000

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France border. Veigy-Foncine. The investment project is 15 km from Geneva high income.
Investment project near Geneva, located in VIII-Fonsex, Bordering France.
Offered for sale newly constructed commercial building consisting of 4 office space with a view to subsequent sale or lease of commercial space.
The business centre is built with an exclusive architectural project using the latest energy saving technologies and using the highest quality materials in construction and decoration.
Location
Commercial building is located in one of the fastest growing areas of the city of Veigy-Fanzine (Veigy-Foncenex), 15 km from Geneva, near lake Geneva. Excellent transport accessibility, close to convenient freeway access. All infrastructure nearby: supermarkets, restaurants, fine French cuisine, public transport.
Description
The two-story commercial center with an area of 500 sq. m. includes 4 office spaces. Modern design and flexible design allows you to quickly adapt the square to the individual needs of tenants. The commercial building will be delivered the state Commission in November, at the moment the selection is made of renters.
Interior
• Exterior and interior of the building is made using the highest quality materials (solid concrete and steel construction, glass facades, suspended ceilings, metal blinds)
• Fire alarm system
• Ventilation system
• Good thermal insulation
• Excellent communications
Tenants
Currently, the selection of tenants, there are preliminary agreements with a number of companies interested in renting space in this business centre. A lease agreement will be concluded for the long term from 5 to 10 years with the option of subsequent prolongation.
Square
Commercial area - 250 sq. m.
Number of levels - 1 (first floor)
Price - 600 000 EUR
Expected return - from 36 000 to 42 000 per year (6 to 7.6%)
The expected return on equity capital 8 - 10%
Funding
It is possible to Finance on the following conditions:
The size of the own capital – from 40 %
Loan amount – up to 60% of project cost
Term - up to 20 years
The interest rate is 1.5 - 2.17 per cent a year
Interest payment monthly, quarterly or annually
Annual depreciation credit is not required
The advantages of this investment object
Advantageous location in the vicinity of Geneva, there is a high demand from tenants, excellent financing conditions create an excellent opportunity to develop and lead a high investment potential of this project.
Purchasing commercial property gives you the option of receiving guaranteed income from the lease of space in the medium and long term with minimal risk. Lease contracts are signed usually for a fixed term of 5 years.
Commercial properties can be purchased as an individual or on a Swiss or foreign company. Our company can assist in structuring the transaction or through a Swiss joint-stock holding company (including taxation, insurance, management).
The average profitability of commercial properties in Switzerland is around 4-5 % and varies in different cantons, respectively, when using mortgage lending profitability, may reach 10-12,5% on invested capital.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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