Business for sale

529000€

111 square meters

Immoweb code : 21764549
Immoweb code : 21764549

Overview

111 square meters livable space
100 square meters of land
€ 5,290.00 m²
Floor : 0

Description

Rented commercial property with terrace in prime location

Ideally located on Leopold de Waelstraat, in the heart of Antwerp's highly sought-after Zuid district, this characterful commercial property of approximately 111 m² represents an attractive investment opportunity. The property is currently leased and operated as a restaurant, providing an immediate rental income.

The ground floor is currently fitted out as an inviting hospitality venue and benefits from abundant natural light thanks to the large street-facing window and skylights. High ceilings and the property's characteristic architecture further enhance the sense of space.

The current layout comprises several dining areas, a bar, professional kitchen and sanitary facilities. To the rear, there is also a pleasant outdoor area. At the front, the current restaurant benefits from a spacious terrace on Leopold de Waelstraat.

The property also includes two private cellars measuring 19 m² and 16 m² respectively, providing valuable additional storage space.

The commercial property is currently let under a nine-year commercial lease commencing on 1 February 2025. The base rent amounts to €2,500 per month and is indexed annually, representing an initial annual rental income of €30,000.

The location is undoubtedly one of the property's main assets. Leopold de Waelstraat lies in the heart of Antwerp's Zuid district, within walking distance of the KMSKA and surrounded by restaurants, shops and the distinctive architecture for which the neighbourhood is renowned.

Dating from approximately 1901, the building forms part of the listed architectural heritage ensemble “Woning en winkelhuizen van J. Verstappen”. It is also situated within the protected townscape of Leopold de Waelstraat and Lambermontplaats.

Key features: prime Antwerp-Zuid location – rented commercial property – €30,000 annual base rent – commercial lease since 2025 – approx. 111 m² – two private cellars – front terrace – rear outdoor area – abundant natural light – characterful architecture

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