Revenue house 1 412 m² in Prague, Czech Republic

Czech Republic. Prague Income building and land Offer for investors! For rent, + land 0.5 hectares for the construction of a residential building or for the expansion of production in Prague-5. Very convenient and profitable location, good transport accessibility. Asset Description: 1. Multifunctional 4-story building for showroom, production, storage facilities, offices. The total area of the building is 1412 m 2. The usable area of the building is 1032 m2. The condition is excellent. Parking for 16 cars in front of the building. The building has been leased to one tenant for 7 years. Income from rental per year: 2 315 256 CZK ( 89 572 € ) ( 6.9% per annum ) 2. Land Area Total area 5061 m2 ( 0.5 ha ) Possible use of the site: construction of a residential building expansion of production The area in which the facility is located is rapidly developing: many new development projects are being implemented in the district, roads are being reconstructed, which also makes it possible to subsequently resell the site to the city or large developer.   Price: 1 490 000 €