Bad Homburg Downtown: Modern practice rooms as an investment

Detailed Information

Size of Landplot:

237.00m²

Freehold or Leasehold?:

Freehold

Annual land tax:

141.35€

Detailed description of property incl equipment:

An exceptional practice area with the charm of the old building style of the 19th century, but the necessary modernity and practicality of treatment rooms of the 21st century. The area is used as a private medical practice. The current lease runs until 31.10.2018. Prolongation is possible.

The object on the ground floor was completely gutted and newly expanded in 2003. The plan was modified to ensure optimal clinical workflow. At the entrance is the reception with modern communication technology (connection to the server room in the basement), behind it a small and a large office space, of which one also can be used for treatment purposes or consultation. In the main section of the practice is at first a small hallway with a sink and left and right of it are treatment or preparation room, which is often used as a waiting room for parents and child. Specifically a wall was added to provide sufficient space for the furnishings and the comfort effect for the treatment- and large meeting room.

All rooms have underfloor heating and are tiled with high quality stoneware that is very visually appealing. The technical equipment consists of a dedicated server room in the basement as well as a comprehensive electrical and data technology cabling. Downlights in all the rooms give a pleasant, warm light.

The toilet is outside the practice and is accessible via the equally attractively landscaped entrance hallway. It has a urinal, toilet and a beautiful designed sink as well as a large daylight window.

The entrance door is located at the rear of the building. This is the original door of the building, which has been fully restored and in itself is a handcrafted work of art. Not surprising, because: The builder was cabinetmaker at the Bad Homburg Castle. Belonging to the practice are a basement room as well as a connection for washing machine and dryer in the basement boiler room space.

According to the current lease the property tax is (141 EUR per year) to be paid by the landlord. All other operating expenses are payable by the tenant.

Margin (annual net rent : purchase price):

4.11 %

Description of location:

The practice is located on the Hoehestrasse, the extension of the Kaiser-Friedrich-Promenade in northwestern direction. This is the avenue of Bad Homburg at the spa park with 4-star hotels.

Connection to traffic routes / public transport:

By bus you are very well connected to the object. Also by car it is easily accessible; there are parking spaces on the street and the lots in the courtyard can be used for parking by disabled patients.

General noise level of location:

Medium

Number of Units in Building:

Renovations done in the building:

Substantial refurbishment of the building in 2003, new condensing boiler, drying up of the cellar, redesign of the entrance area and staircase with the old wooden staircase, new sandstone steps to the first floor, complete renewal of the electrical and water supply, fitted with CAT-5 data cabling in all rooms.

Renovations to be done in the building:

All windows have been renewed in the practice.

Type of heating and warm water preparation:

Gas

More options on heating:

Central heating system

Underfloor heating

Age of heating system (approx):

12 Years

Parking options:

Parking place outside

Comments regarding parking situation: