Commercial real estate in Istanbul Beyazit, one of the city's most established retail trade centres. This old historic building is now being renovated to a very high and modern standard with all necessary facilities for retail units or office use.
Price: GBP 3.510.707 with tenants; GBP 3.009.177
Owners guarantee to buy the building back 1 year later by paying GBP 500.000 additional to the selling price!
Leasing and barter are also accepted !
Type: Multi type usable building
Base m2 of the building: 360 m2
Closed living area: 3240 m2
Number of floors: 9
Elevator: Yes
Rent Income / Month: GBP 17.553
Detailed Location : 10 km to the Ataturk International Airport, walking distance to the Sultanahmet Mosque, Hagia Sophia and Topkapi Palace. 100 meters to the closed bazaar and Istanbul University.
The building is available to be used as hotel, dormitory, business center, headquarters for holdings and stock market. It can be renovated in 3 months maximum.
Option 1: If you use the building as hotel
There will be 50 rooms X 2 persons= 100 capacity.
100 X GBP 20 = GBP 2000 income/ day
30 days X GBP 2000 = GBP 60.000 income / month + GBP 10.000 rent income from first two floors rented as shopping center of the hotel.
- Incomes from restaurant, Cafes, Turkish Baths & Sauna and Hobby rooms are not included to the income calculation.
- The income calculation has been done according to the lowest prices from the hotels located at the area.
Option 2: If you use the building as dormitory
10 units of single room 10x1= 10 persons x GBP 200 rent income / month= GBP 2000
5 units of double room 5X2=10 persons x GBP 178 rent income/month = GBP 1780
5 units of triple room 5X3=15 persons x GBP 158 rent income/month = GBP 2370
20 units of Quattro room 20X4 = 80 persons X GBP 138 rent income / month = GBP 11.040
5 units of teacher room 5X1=5 persons X GBP 396 rent income/month= GBP 1980
5 units of suits for 1 person 5 x1=5 persons X GBP 396 rent income/month= GBP 1980
Total dormitory income is GBP 21.177 + GBP 10.000 rent income from first two floors of the building as shops.
Option 3: If you use the building as headquarter
360 m2 x 9 floors = 3240 m2 closed living area
- Basement floor is available to be used as kitchen, gym and spa for you and for your guests
- Second and third floor is available to be used as showroom and shops. Either use them for your company or rent it. If you rent it you will get GBP 10.000 as rent income. You can rent it to a bank to be used as branch office or you can rent it to a jewellery company to be used as their shop since the building is located on a prime street with exceptionally high foothold.
- Third, forth and sixth floors are can be used as office floors. 360 m2 x 3 floors = 1080 m2 for office space.
- Seventh and eighth floors can be used as guest house for your guests.
