Podravska, Maribor

In the commercial building on Moše Pijada in Maribor, on the ground floor, we are selling commercial premises that represent either an investment opportunity or for own use in carrying out activities. The property is currently leased to a tenant.

Key advantages:

Excellent location: the commercial building is located on Moše Pijada street, in the immediate vicinity of the city center and one of the main traffic routes in Maribor, which allows excellent visibility and accessibility. Nearby are retail shops, a bakery, UKC Maribor, etc., as well as numerous commercial and residential buildings;

Tenant: the commercial premises are leased long-term, the tenant has a lease agreement for an indefinite period with a one-year termination notice.

Large area: the commercial space covers 247.9 m2 of usable area, which can be used as an exhibition space (currently the commercial premises serve as a showroom).

Detailed property information:

• Address: Moše Pijade 21, Maribor;
• Location: Tabor, Magdalena;
• Commercial premises area (gross area): 274.8 m2 (exhibition space)
• Parking spaces: 4 marked parking spaces for the ramp (joint ownership);
• Year of construction: 1970;
• Structure: reinforced concrete;
• Heating: external multi air conditioning unit air/air combined with internal ceiling cassette units. Sanitary water is prepared via a local electric boiler. Local forced ventilation is installed with supply through swirl diffusers.
• Renovation: roof renovation in 2012, premises renovated in 2021 for exhibition space purposes;
• Rental yield: lease agreement concluded for an indefinite period with a one-year termination notice

Description of the building and its features.

The commercial premises are located on the ground floor, which allows good access from the street also for persons with reduced mobility. The commercial space can be used for retail, exhibition space, or office needs. The commercial space is divided into the exhibition area and office spaces (tea kitchen, storage room). The floors are covered with vinyl and ceramic tiles.

The entrance is arranged through glass entrance doors, external glazing – tempered glass (single glazing).

The current tenant is a company using the commercial space as a showroom.

Building construction features

• Basic structure: reinforced concrete, 30cm RC wall, 18cm brick, 4cm plaster; partially RC skeleton with aerated concrete infill; on the north side 50cm RC wall, brick, cladding of stone slabs
• Ceiling: Concrete slab, 20 cm insulation
• Floor above basement: RC wall, screed, including 3 cm insulation under the screed.
• Windows: Tempered glass, Uw=5.1 W/m2K; partially single-pane windows, Uw=5.5 W/m2K.
• Lighting: Fluorescent lamps, 23 W/m2; 13 h/day, 7 days/week, simultaneity factor 0.8
• Ventilation: fan, 800 m3/h, 13 h/day, 7 days/week

The building has 7 floors, with the ground floor housing the commercial space that is the subject of sale and commercial premises of other tenants and owners. Nearby there is a bakery and a catering establishment, shop, which provides additional benefits for employees in the commercial building.

Access to the commercial building is arranged by vehicle via a ramp up to the entrance of the commercial building.

INVESTMENT POTENTIAL

The property is an excellent investment as the commercial premises are already leased to a tenant. In the past year, there has been an increased demand observed on the commercial real estate market in Maribor, which further increases the value of this investment.

TAX TREATMENT AND PRICE

The price of 350,000 EUR applies to purchase by a natural person, where the legal transaction is taxed with a 2% real estate transfer tax (RETT).

In case of purchase by a legal entity registered for VAT, the contracting parties may decide in accordance with Article 45 of the ZDDV-1 to tax the transaction with VAT, applying the reverse charge mechanism pursuant to Article 76.a of the ZDDV-1.

In this case, the sales price is adjusted accordingly based on the tax treatment of the transaction.
The final sales price and tax treatment depend on the status of the buyer.