We want to build a standalone dental practice that will be connected by a link to an existing practice. Since the new building is planned to be located at the rear of the property, we aim for a simple, rectangular structure of about 200 sqm (2,150 sq ft). The site is flat. The roof should be flat as well. Because the building will be rented out in a rural area of East Westphalia, we are aiming for low construction costs so that it makes sense both for us as landlords and for the dental group. Everything must be delivered as a turnkey project.
Now we have many questions:
Thank you in advance for your answers.
Now we have many questions:
- Is it possible to consider prefab house companies for a project like this?
- Who would be particularly suitable?
- Does modular construction make sense?
- What costs per sqm (sq ft) should be expected?
- Does it make sense to possibly build two stories?
- Would the business case improve if two rental condominiums are added on top on the second floor?
- For the apartments, a rent of approximately €10 per sqm (about $10 per sq ft) could probably be assumed, and for the practice €14. Is it currently feasible to build at these levels so that it is profitable?
- What should be especially considered during planning?
Thank you in advance for your answers.
MarcellNiklas schrieb:
The dentist currently occupying the front part of the property wants to expand.MarcellNiklas schrieb:
Next, a dental supply company will take on the planning.Well, then everything is clear, and your role as landlord or land lessor has nothing to do with the construction and operational planning. Two tenants from the same sector, one of them offering to act as planner—now that’s a straightforward arrangement. I can gladly connect you with a health economist; if interested, look into my avatar’s eyes.https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
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MarcellNiklas4 Dec 2024 14:3611ant schrieb:
So everything is clear, and your role as landlord or land lessor has nothing to do with the construction and operational planning. Two tenants from the same industry, one of them offering to act as planner—this is a simple transaction. I can connect you with a health economist if you’re interested; just look into my avatar’s eyes.Thank you, yes, of course, our role is to expand the existing practice for the current tenants according to their requirements. However, we still need to discuss with the tenants what the new rent will be, and for that, we have to calculate a case that makes sense both for the landlord and the tenants. Naturally, we have the most flexibility for all parties involved if the construction costs remain low. That is why I am asking in the forum how this can best be achieved for commercial spaces...N
nordanney4 Dec 2024 15:02MarcellNiklas schrieb:
if the construction costs remain low. That’s why I’m asking in the forum how this can best be implemented for commercial spaces...Just like with any construction project. Simple building structure, only the minimum necessary equipment.You haven’t commented at all on the calculation you made about “whether it is worthwhile.” Nor on the topic of opting for VAT and the resulting rent. And also not on what “it has to be worthwhile” actually means for you.
We recently built several office spaces. The building already existed – an empty hall. We mainly saved money through doing the planning, electrical work, telephone installation, and flooring ourselves, as well as by having long-standing relationships with all the tradespeople, such as drywall installers, plumbers, and painters.
If you don’t have similar experience or resources, I don’t see much potential for savings. On the contrary, I would expect that a dentist wouldn’t want a cheap-looking place.
If you don’t have similar experience or resources, I don’t see much potential for savings. On the contrary, I would expect that a dentist wouldn’t want a cheap-looking place.