LM Office Centre, VARNA

LM Office Centre Varna will be a stunning new, Grade A office development. The building will provide a unique opportunity to establish a new landmark headquarters or successful business in an outstanding location.

·         Strategic location

·         Luxury Implementation

·         Effective Investment

Release date – 20th September 2008

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LM OFFICE CENTRE VARNA

The LM Office Centre Varna will be a stunning new, Grade A office development. The building will provide a unique opportunity to establish a new landmark headquarters or a successful business in an outstanding location.

·         Strategic location

·         Luxury Implementation

·         Effective Investment

LOCATION

The office building occupies a prime position in a prestigious and fast growing business district in the city of Varna, only 6km from the city centre. There is a well developed infrastructure with many office buildings and showrooms housing local and major national and international companies.  It is in a strategic location with easy access to the city centre and Varna international airport via the Vladislav Varnenchik boulevard and the Hemus motorway.

THE OFFICE BUILDING

The building will be developed as a Grade A office. It meets all the criteria of the European Standards and completely complies with growing business requirements.

The office centre is located on a plot of 2,300 sq m providing about 4,282 sq m of office and retail accommodation arranged over the lower ground, ground and three upper floors.

·         First floor – retail premises (shops, show-rooms), coffee and a sandwich bar with a separate entrances.

·         Levels 2, 3 & 4 – offices and a foyer with upholstered furniture for the common area.

·         Basement level  – fitness and sauna for the employees in the building and also space for commercial storage and showrooms

Parking bays are provided for the convenience of office staff and visitors at the rear of the building.

The building will be surrounded by trees and green areas, beautifully combining with its modern exterior.  Special effects lightning at night will enhance the visual look and image of the building.

CONSTRUCTION AND INTERIOR

The LM Office Centre will be built to a very high specification using modern construction technologies and materials.

The building’s centerpiece is its stunning ground floor entrance hall with granite or limestone floor, plastered walls, a glass façade, and a modern coffee shop with a double height ceiling.

Natural light throughout the building is excellent and the top floor enjoys stunning views from the balcony.

The building will have a high-speed lift servicing all levels including the basement. Executive washrooms and toilets will be fitted on all levels.

Interior walls and columns will be plastered and painted “orchard” white; suspended ceilings with recessed lighting will conceal unsightly cabling, plumbing work and air-conditioning vents.

On the lower ground floor the building will have a fitted Gymnasium with a Sauna available to all staff.

The building will be fully accessible to disabled people and every floor will have a fitted disabled toilet. 

·         High quality floorings (granite plates and terracotta)

·         Glass façade

·         Suspended ceilings with recessed lighting

·         Central air-conditioning system

·         Central heating system

·         Central fire alarm system

·         Security of the building

·         Maintenance and management of the building

Modern and functional offices:

·         Windows – Satin silver finish aluminium double glazing.

·         Doors – Natural veneer luxury interior doors

·         Suspended ceilings, modern lights

·         Partitioning upon customer request, flexible distribution of the internal areas

INVESTMENT AND RENTAL POTENTIAL & PROSPECTS

The strategic location and the strong growth potential of the local commercial property market make the LM Office Centre an excellent long term investment opportunity. The city of Varna has distinct advantages when it comes to commercial property investment.  The local economy is one of the fastest growing in the country and Varna has become the second biggest business and commercial centre and the major sea port city of Bulgaria. This has lead to a growing demand for good quality commercial and office space.  There is a limited supply of new Grade A space in comparison to the average take-up which should ensure strong growth in rental yields. 

The current ongoing rental rates for Grade A office spaces in Varna varies around EUR 10 – EUR 13 per sq m per month. This level of rental income will yield 9% - 12% return on the investment per year – an impressive return by all standards.

RENTAL

The LM Office Centre is certainly equipped to satisfy the needs of businesses which have the aim of establishing their headquarters or presence in this growing local economy. Office spaces of various sizes with a flexible distribution of the interior space will be available to rent at competitive rates. Its strategic location in the business district of the city with an easy access from all directions and hassle-free parking makes LM Office Centre an attractive office accommodation opportunity.

Our customer-focused approach ensures a smooth transaction and complete satisfaction throughout the process of acquiring or leasing the properties.   

MANAGEMENT

A Management Company will ensure that the reception and security functions are manned 24-hour a day.

The LM Office Centre will be managed in such a way as to ensure occupiers are able to operate with maximum comfort, ease and efficiency. The managing company will ensure that the security and reception functions are manned 24-hours a day by courteous, welcoming and capable staff. The entrance and external areas are monitored by CCTV, and the entire building is protected by a state-of-the-art ‘intelligent’ fire alarm system. Occupiers are able to gain entry any time of the day or night, thanks to a modern access-control system.