Non-Residential Administrative & Production Premises For Sale

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Listing ID: 700223420

Listing Title: Non-Residential Administrative & Production Premises For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=223420

Industry: Wholesale and Distribution

Industry Segment: Wholesale and Distribution

Country: Germany

State / Province:

Area

City: Frankfurt

Asking Price Range: $2.5M - $5.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1997

Number of Employees: 20 - 34

Business Description:
Non-residential administrative and production premises with total area 2000 sq.m. are leased big trade and logistics company, in Frankfurt-on-main. The facility is a three-story administration building (area of about 650 sq.m. and production premise (with an area of about 1350 sq. m)which consists of the storage rooms, shop on packing and sorting seafood, refrigerating chambers and so on. For a building suitable railway, which makes it very attractive for production purposes. Land plot of 4500 sq.m. The object is leased from the time of its construction in 1997, the same tenant companies engaged in processing, packaging,transportation and sale of seafood, which has invested in the object about 2 000 000 euros of its own funds. The lease agreement until 2017, with prolongation for 5 years. Liquidity facility backed by its Central location, the proximity to the transport, including Railways, and good social infrastructure. The object is located in the Western city of Frankfurt-on-main, industrial and trade zone, this place is considered Central to Hesse. Very convenient location, the highway 66 and As 661, are just a few minutes away. Profitability - 8.5%. Rental income - 180 000 euros per year. You may purchase this object through the acquisition GmbH, which owns the property, the savings will amount to 5 % (the tax on buying property in Hessen). The documents are ready to deal. You can obtain credit for purchase of the real estate. Additional information is available upon request. The minimum cost of the project - 2 100 000 Euro.



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