Industrial building for sale

Description

Description This industrial building for sale in Tournai presents a unique investment opportunity in a sought-after pedestrian area. The property, named "Tim," has been fully renovated and offers a combination of commercial and residential spaces across three units. On the ground floor, there is a commercial space currently occupied by a bar, providing immediate rental income. Above, the first floor features a two-bedroom apartment with a fully equipped kitchen and dining area, complemented by a bathroom with a shower, vanity unit, and toilet. The second floor hosts a spacious duplex apartment with two bedrooms, two bathrooms each equipped with a shower, vanity, and toilet, as well as a kitchen area with dining space and a bright, welcoming living room. Both apartments have been recently refurbished, ensuring modern comfort and appeal. The building benefits from excellent energy performance certificates (PEB), with an energy consumption of 201 kWh/m²/year and total consumption of 14,946 kWh per year. Each apartment complies fully with electrical standards and is equipped with air conditioning units, enhancing tenant comfort year-round. Currently, the building enjoys a 100% occupancy rate, reflecting its attractiveness to tenants and stable rental income. The calculated net yield stands at 6%, making this property an ideal choice for investors seeking consistent returns without the need for immediate renovations or additional investment. Built in 1930 and meticulously updated, the property balances character and contemporary standards effectively. Located in the city of Tournai, this property is offered at a price of €319,000 with a cadastral income of €1,536. There is no VAT applicable to this sale. The building’s overall condition, prime location within the pedestrian zone, and diversified rental units make it a compelling prospect for investors looking to secure a robust asset in Flanders. Interested parties are encouraged to contact the seller promptly to explore this exceptional offering and discuss further details regarding this fully rented, well-maintained industrial building in Tournai. * This text was generated using an artificial intelligence. Show all Show less