Investment plot with a building permit for Class A office building
Project for an office building in the downtown area
Offer type:
Business for sale, Development projects, Land suitable for business
Location:
Sofia
Business category:
, project , office , building , class A
Price: 170 000 €
Summary:
The investment plot is for the construction of a new office building with shops and underground garages on two levels, set in the "Vazrajdane" area of central Sofia. The plot is angular, with easy access from “Alexandrov’ Blvd. and ‘Pirotska’ Str. At the moment this is the only project for an office building of class A in the downtown Sofia. Close to the plot there is a subway station and two tram stations.
Business Description:
The plot comes with a building permit. The total built-up area of the building is 3322 sq.m, of which 928 sq.m are for compensations. Parking is allowed with automatic parking systems of WOEHR and is on two levels with 29 parking spaces: 9 - elevation of -6.27 and 18 - elevation of -3.67, and 2 places in the yard. On the top there is a plan for a roof terrace with bar and barbecue.
Currently there is only 2% of unoccupied office space in the central part of Sofia. Currently this is the only project for an office building in the downtown zone. If rented, the office building will bring an income of 17%, if the offices are sold the income would be about 2 million.
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