Dental practice for rent as flat roof

  • Erstellt am 2024-12-03 21:28:37

nordanney

2024-12-03 23:04:50
  • #1

You need an architect. And then you can search – but you can forget about modular construction of this size. The building is too small for that. G

Higher land utilization is almost always better. But think about the parking spaces, basement/storage rooms, separate access, etc. Does the plot even allow for such high utilization?

You can calculate that yourself. If you leave out the land since you already own it, you can make the project look good on paper.
Are there still supposed to be incentives? Regulations on ancillary costs? Subsidies for tenant fit-outs?
200 sqm practice at €14 (gross or net? The doctor is usually a VAT offender, so you can’t claim input VAT deduction on construction). I assume gross.
==> €33.6K p.a.
2x apartments at 85 sqm each and €10 (rest = common areas etc.)
==> €20.4K p.a.
Total: €54K
For a 5% before tax and operating costs return, the building can then cost no more than €1.1 million. That corresponds to construction costs of €2,900/sqm including incidental costs. You won’t be able to build for that. So rather calculate with a 3.5% return BEFORE operating costs and taxes.
So no, the building really won’t be economical.

This is just a brief pragmatic example of why even in new residential construction such high rents are demanded to make a project profitable.
 

11ant

2024-12-04 00:50:25
  • #2
Seriously, the area designation has to play a role, the property must still have allowable floor area ratio available, and much more. You need dentist seats in the district of the location and a good mix of dentists, dentists & specialists, oral and maxillofacial surgeons, etc., and for all that, front house locations are better. I don’t only do construction consulting but was also involved in the management of an MVZ developer. To me, your description sounds like a harebrained idea; it would probably be difficult to find investors for it (especially since the circle of shareholders is mostly limited to licensed professionals).
 

MarcellNiklas

2024-12-04 07:52:56
  • #3
As I said, there is already a practice in the front part of the property, which is to be expanded with a separate building in the rear part of the property. There is space and available floor area ratio there. That also means that there is an office.
 

hanghaus2023

2024-12-04 10:59:52
  • #4
What do you think is the reason why the new rental apartment construction in DE has almost come to a standstill?

Is there already the dentist who wants to rent such a property?
 

MarcellNiklas

2024-12-04 11:21:10
  • #5
yes, it exists, as said, the dentist who is currently in the front part of the property wants to expand
 

Arauki11

2024-12-04 12:52:55
  • #6
Then it will probably come down to a long-term lease, which is why I would specifically ask him for a floor plan or at least a draft. If it is optimal there, he will also stay with you.

Then two specialized companies are entrusted with it. What are their results or the architect's opinion on the questions you initially asked?
 

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