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Welcome to this unique opportunity to invest in a beautiful piece of real estate located in the bustling Gasthuisstraat of Turnhout, near the lively Markt with its numerous cafes and restaurants. The Gasthuisstraat is the main shopping street in Turnhout, with approximately 390,000 visitors every month. We hereby offer you the opportunity to invest in a magnificent retail property with living quarters, whereby you can enjoy an exceptionally high return.
This property has already been leased to Manhattan since 1989, whereby the current rent amounts to €3,130.39 per month, or €37,564.68 per year. This results in a gross return of as much as 7%, with rental income repaying the property every 13 years. As an investor, you can rest easy knowing that this is a guaranteed investment, and that you have a fantastic tenant who has operated a glittering ladies boutique here for 33 years.
This property comprises a commercial ground floor of 73 sqm and 2 upper floors usable as stock space or as a residence, along with a basement of 41 sqm. The rent is indexed annually and the property tax is borne by the tenant.
If you are looking for an investment where you can make a safe return on your money, this property is a well-considered choice. Do not hesitate to contact us for more information. Our team is ready to guide you in your search for a real estate investment that fits your needs and desires.
Property type | Business |
Description of the property | |
Floors | 2 |
Energy classification | D |
Renovation Obligation | No |
EPC certificate number | 20220317-0002565843-KNR-1 |
Find more features on the website of the seller |
Lot size | 267m2 |
Parcel width | 11m |
Parcel depth | 30m |
Coordinates | 51°19'21.1"N 4°56' 50.4"E |
Backside/Garden orientation | North |
Building placement | Terraced |
Flood-prone area | Not in flood-prone area |
P-Score | C: Low probability of flooding under current climate |
G-Score | C: Low probability of flooding under current climate |
This property has an excellent mobility score, based on the distance to nearby amenities.
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