Business for sale

Investment opportunity: rented commercial property in prime

Centrally located commercial property in a prime retail spot on Lippenslaan in Knokke, currently leased to the established Italian delicatessen Altro Mondo.

The property offers approximately 135 m² of floor space with a frontage of about 5.63 meters. The existing glass façade can still be enhanced to further boost the commercial appeal. The current layout includes a retail area, office, professionally equipped kitchen, storage room, and cold storage. At the rear, there is a spacious courtyard of around 41 m², with potential for further expansion subject to obtaining the necessary permits. Additionally, the property features a large private cellar storage area accessible directly from the commercial space.

Offered at a price of €679,000, this property provides an attractive net yield of approximately 5.2%.

Renovation obligations apply but can be addressed with targeted improvements.

In short, an excellent investment opportunity in a prime commercial location in the heart of Knokke!

For more information or to arrange a viewing, please contact us via email or by phone at 050 63 20 40.