Borgundfjordvegen 116, Ålesund

Sunnmøre Næringsmegling AS is pleased to assist the owners of Tryggestad Elegante AS, Tryggestad Elegante II AS and Borgundfjordvegen 116 AS with the sale of the property Borgundfjordvegen 116 in Ålesund. The property is located in Spjelkavik, by the sea on the lower side of Borgundfjordvegen, just under a kilometre south of the AMFI Moa shopping centre. The area is an industrial and business area, approx. 10 km east of Ålesund town centre. The property has a very good traffic location in a well-established business and industrial area in Ålesund. Strategically well placed, a short distance from Moa, Ålesund centre and the ferry connections Sykkylven/Stranda, Ørsta/Volda and Hareid/Ulsteinvik.

The property consists of five sections built in several construction phases between 1950 and 1994. The total area is approx. 10,115 m², of which just over 4,000 m² is office space and around 6,000 m² is warehouse space. The building has large, solid tenants on long-term leases (average remaining lease term approx. 7 years). Gross annual rental income approx. NOK 11.5 million. The four largest tenants account for approx. 81% of the income. The property is currently owned by three companies. Borgundfjordveien 116 AS owns section 1, Tryggestad Elegante AS owns sections 2 and 3, and Tryggestad Elegante II AS owns sections 4 and 5. 100% of the shares in all the companies are being sold together. The sellers may be willing to discuss selling the property as a straight property sale.

Parking spaces have been laid out on common land. Rights of use in accordance with the sectioning application and any co-ownership bylaws. 6 EV charging points.

The plot lies on gently sloping terrain and has been laid out with paved driveways and parking spaces, with a stone-pitched rock fill towards the sea. The plot as a whole is currently almost fully utilised, but extending the buildings to the north over several floors may be an option.