Ensemble of 200 m² of Commercial Walls in Lous

Property Description

Rare investment opportunity in Biarritz with this ensemble of three independent commercial premises entirely freehold.

The ensemble develops a total gross floor area of just under 200 m2 complete with 43 m of private terraces."

Composition :
- Local 1: 52.52 m2 + terrace of 23 m2 in use
- Local 2: 62.29 m2 + terrace of 20 m2 in use
- Local 3: 83.42 m2

The three units are operated under current commercial leases.

Annual rental income: 38,280

Sale price: 750,000 FAI (free of agency fees)

Strengths:
- Three independent rental incomes
- Mutualized tenancy risk
- Valued terraces in use
- Secured leases
- Attractive yield
- Medium-term revaluation potential
- Possibility of a strategic patrimonial split

A turnkey investment, particularly suitable for investors seeking immediate income while benefiting from potential appreciation in the Basque Coast commercial property market. (4.90% TTC buyers’ fees.)
Co-property of 8 lots - including 6 residential lots. (No ongoing procedures).
Annual charges: 1,800.00 euros.