Overview
Description
INVESTMENT OPPORTUNITY - DIRECT FROM THE OWNER
**DIRECT FROM THE OWNER ** - Excellent investment opportunity. 7 retail (air conditioning, false ceiling, ventilation...) premises with a total of 1,025 sqm (ground floor + mezzanine) in a mixed-use building on Rue Royale. Real potential for upgrading as it is located opposite the new Corinthia Grand Hotel Astoria Brussels, the capital's most luxurious luxury hotel, which will open its doors at the end of 2024.
6 shops (899 m²) and 1 indoor car park are occupied by 4 tenants, generating total annual income of €112,349.
The last shop/office (70 sqm on the ground floor + 57 sqm on the upper floor) is currently for rent. It is intended for a liberal profession as it has no shop window. Expected rental income: €25,400.
4 other indoor parking spaces are included (expected rent: €2,000/pkg/year).
Possibility of additional parking spaces.
Total rental income: €145,749/year. Gross yield: 5.83% (incl. the vacant unit). Charges and taxes paid by tenants.
This mixed-use "Royale 180" comprises office, retail and archive space, flats and car parks. Also, fibre optic installation is planned in the building.
It is well served by public transport: "Central" and "Congres" stations are within walking distance. Metro (Botanic), Tram (92 and 93) and Bus (65 and 66) 100 metres away. Villo station in front of the door.
For more information, contact our representative Steven Sagman on 0470/10.48.41 or by e-mail [email protected]. (Ref : ROYALE 180 - invest retail)
Available as of | After signing the deed |
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Property name | ROYALE 180 |
Neighbourhood or locality | Bruxelles 19 communes |
Construction year | 1995 |
Building condition | Good |
Business included | No |
Surroundings type | Urban |
Asbestos certificate is available | Not specified |
Living area | 1025 square meters |
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Toilets | 7 |
Office | No |
Professional space | No |
Reception desk | No |
Armored door | No |
Surface of the plot | 1025 square meters |
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Land is facing street | No |
Wooded land | No |
Plot at rear | No |
Flat land | No |
Connection to sewer network | Connected |
Gas, water & electricity | Yes |
Caretaker | No |
---|---|
Elevator | Yes |
Accessible for disabled people | Yes |
Intercom | Yes |
Secure access / alarm | No |
Armored door | No |
Air conditioning | Yes |
TV cable | No |
Visio phone | No |
Internet | No |
Primary energy consumption | Not specified |
---|---|
Energy class | Not specified |
Reference number of the EPC report | Not specified |
CO₂ emission | Not specified |
Yearly theoretical total energy consumption | Not specified |
Conformity certification for fuel tanks | Not specified |
Heating type | Gas |
Heat pump | No |
Photovoltaic solar panels | No |
Thermic solar panels | No |
Common water heater | Yes |
Double glazing | Yes |
Type of building | All kind |
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Asked price excluding notary fees (excluding eventual registration fees)
Price | 2500000 € |
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Tenement building | Yes |
Percentage rented | 88 |
Current monthly revenue | 12146 |
|
GROWNERS - Direct from owner
Address |
Chaussée de Louvain 431
1380 - Lasne |
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Website |
|
Agent's name | Steven Sagman |
Phone number | +32 470 10 48 41 |
External reference | ROY - INVEST RETAIL |