Case studies – how we bring properties to completion
Every property tells its own story, and every owner brings a different plan. The following examples from our work show how we proceed when things don't go smoothly on their own. For reasons of discretion, we give neither names nor exact addresses.
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Commercial property in Bayreuth: sold after six weeks instead of eight months
Starting point: A mixed-use commercial property had been listed with another agent for eight months. There were numerous enquiries, but no solid offers. The asking price had been reduced twice over that time.
Approach: We reworked the tenant list, the lease terms and the service charges, and prepared an income value analysis that investors could understand at a glance. Instead of a broad advert, we approached investors from our network whose search profile matched the property.
Result: Sold within six weeks – at a higher price than last advertised.
Detached house in need of renovation in Hof
Starting point: An elderly couple wanted to sell their detached house from the 1960s. The heating, windows and roof were all original. The owners feared the house was "unsellable".
Approach: We brought in an energy consultant and drew up a renovation roadmap with a cost estimate and funding options. This allowed prospective buyers to calculate precisely – instead of deducting a lump sum for the renovation from the price. The marketing was aimed specifically at young families and tradespeople.
Result: Sold to a family who are renovating the house step by step. The owners were supported through complex negotiations and have since recommended us to others.
Conversion of a car repair workshop in Hof
Starting point: A property developer was looking for an economically viable new use for a vacant car repair workshop.
Approach: Location analysis, coordination with the building authority and a search for tenants from the healthcare sector. Together with the planners, we developed the usage concept so that commercial and medical services could be combined.
Result: Conversion into a facility for commercial and medical services with long-term leases.
Senior living project in Marktredwitz
Starting point: An owner had an inner-city plot with old buildings and wanted to know whether a new build would be worthwhile.
Approach: A feasibility study with a demand analysis for barrier-free living, demographic data for the district of Wunsiedel, a construction cost estimate and a yield forecast. Coordination with the town on building rights and parking spaces.
Result: Planning of a senior living project with barrier-free flats – a use for which demand in the region far exceeds supply.
Location assessment for a supermarket in Naila
Starting point: A supermarket chain was considering a new branch in the Naila area.
Approach: Traffic flows, purchasing power, the competitive situation, accessibility and parking were analysed and compared with the chain's requirements.
Result: A sound basis for deciding on the location. More on this service under Location analysis & consulting.
Retail location in Bayreuth
Starting point: A retailer wanted to know why his premises were falling short of expectations despite a good town-centre location.
Approach: Analysis of footfall, visibility, entrances and neighbouring uses.
Result: Specific recommendations for optimising the premises and a basis for deciding whether to extend the lease.
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