Other commercial property in Switzerland, Geneve For Sale

Geneve, Switzerland
10 391 900 €
Other commercial property in Switzerland, Geneve

Description

Of Geneva Switzerland Commercial building, leased commercial building, very well located in Geneva, between the airport and / Railway station, close to many international organizations, in an area with developed infrastructure - within walking distance to shops, restaurants, school, post office. Land area: 2338m2 Year of building construction: 1978 Total 5 levels (3 ground and 2 underground) area, leased 4 728m2 Number of parking spaces 49: Outdoor parking - 6, underground parking - 43 Tenants - health care providers General income (before deductions) from the lease per year (as of the end of June 2013): 1000 000 CHF (commercial premises 913 327 CHF + parking spaces 92,880 CHF) Expected income from the rental of premises in the year: 1 100 000CHF costs (deductions): 200 000 CHF net income from the rental per year: 800 000CHF gross margin: 5. 6% net margin: 4. 45% potential rental income from the building: CHF 1163218 Owner: JSC, whose sole activity It is in possession of the building. Sold shares Price: 18 000 000 CHF (16,779,199 €) Encumbrance: mortgage CHF 4. 5 million since May 2011 a 2-year floating rate CHF 4. 5 million from May 2011 to 7 years at 2. 9% Amortization 1% provided year mortgage may purchase the building at the price of CHF 9,573,153 (8,923,880 €)

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