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Development Property For Sale

Location  Yugoslavia
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $2500000
Net Profit / Cash Flow  $2500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Mooving the Chain Factory FKK to new place.
Description  Property: The Freehold Owner of the Development Property Plot is the Company FKK Filip Kljaijc Industry. Location: The Development Property Plot is located in Kragujevac, Serbia next to the town Centre, Railway Station, Bus Station. Its location is on the distance of about 30 km. from the International Highway E-79. Infrastructure: The Development Property of the Company FKK Filip Kljajic Industry is with very well developed infrastructure. There is: - Its own sources of water supply; - Its own electrical power unit with 5 electric hoists with total capacity of 10 mV; - Gas supply access; - Underground drain system. Real property overview: The size of the Property Plot is 21 997 sq. m. all together. Covered production buildings are 9 147sq. m. and includes warehouses; industrial buildings; shop and office buildings. Legislation Overview: The Development Property Plot of FKK Filip Kljajic Industry is registered in the Real Estate Registers Agency of Kragujevac on the number 4700/2. The Development Property Plot is regulated according to the latest Urban Plan of the City of Kragujevac with outline permit to build: - housing buildings or complex; - all commercial purposes buildings incl. hotels, office buildings, malls, trade centers, commercial showrooms, etc.; - all industrial purposes buildings incl. factory, semi or fully detached workshops for all types industrial activities; - logistics center, warehouses, warehouses for rent; - sport center, stadium, play grounds for all types of sports; - recreation area with sport, SPA and other facilities; -traffic infrastructure, traffic buildings; According to the Serbian legislation all permits issued for the buildings currently located on the Development Property Plot might be used and easily changed to satisfy law requirements for permits to build buildings or objects for all the purposes mentioned above.
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