Other for sale in Angers, France

• N/C
• Frais d'agences inclus : 4,01% du prix
• DPEN/C
• GESN/C

This commercial center is situated in a rapidly developing area of Angers and comprises five buildings with three stories above ground, totaling approximately 5,500 square meters of floor space. The site also includes 130 parking spaces, one of which is accessible for those with reduced mobility. The buildings have been renovated to 85% of their original condition at a cost of 4 million, with only the exterior shells remaining to be upgraded. Originally constructed between 1974 and 1976, this property features three additional plots of land that can accommodate three more buildings, with plot sizes of 323 square meters, 724 square meters, and 1,528 square meters. Currently, the premises are leased out, generating an annual rental income of around 595,000. Most leases follow the 3/6/9 model, with a few extending to 10 years. The current tenants include offices, a daycare center, and a cafeteria, making this a diverse and appealing investment opportunity. The total acquisition price, including taxes and fees, is 9,975,000. The effective price before fees is pegged at 8,385,000, presenting an attractive net yield of 7%.