Modernized wood-production facility in Saarland with CNC technology

Sale object: warehouse and production building including inventory for woodworking (joinery, carpentry, furniture production). Location: Saarland.

Property highlights: • Fully developed site of more than 7,000 m² • Quiet location yet with good transport access, around 30 km from the nearest major regional center • Built in 1994, modernized in 2016 with wood-chip heating and in 2019 in the administration area • Very good structural condition • Mostly ground floor, partly upper floor, no basement • Around 4,200 m² usable area, including approximately 2,100 m² workshop, 600 m² warehouse, 80 m² administration, 80 m² social areas and 1,300 m² paved outdoor space • Gross yield (calculated annual rent) of more than €200k.

Inventory key data: • The inventory is geared to the woodworking industry (joinery, carpentry, furniture production). • Main inventory items: CNC machining center with veneer press and accessories, edge-banding machine, panel saw including panel storage, vertical CNC machining center, wide-belt sanding machine. • The inventory also includes further machines and small equipment completing the machinery base and still operational, plus office equipment, IT infrastructure and inventories with a total value of more than €100k, largely not reflected in the valuation.

Transaction type: The property and inventory are transferred debt-free in an asset sale. Current market and time-value assessments are available. Asking price: The estimated market value of the property is around €1.9 million, while the appraised time value of the inventory is around €644k. The seller is prepared to sell the complete package for €2.49 million.