Business for sale

Make an offer starting from 399000€

260 square meters

Immoweb code : 21765025
Immoweb code : 21765025

Overview

1 bathroom
260 square meters livable space
386 square meters of land
Floor : 2

Description

A charming mixed-use building across from the train station

A charming property offering immediate returns, rental stability, and appreciation potential, home to a well-known institution that has been a fixture in Waterloo for many years.

This building has a total floor area of approximately 370 m² and offers excellent investment potential.

The ground floor consists of a commercial space of approximately 155 m², currently operating as a café. The business is occupied under a 9-year commercial lease, providing excellent rental stability.

At the rear of the building, there is a superb terrace, two bar areas—one for barbecues and one for drinks—as well as two pétanque courts, creating a particularly welcoming and attractive setting for customers.

Upstairs, the residential portion consists of a living room, a kitchen area, three bedrooms, and a bathroom. There is also an attic with potential for conversion.

This is a particularly attractive opportunity for investors, with a current rent of €2,187/month—representing an annual rental income of €26,244—and property tax paid by the tenant. The property thus offers an attractive return of approximately 5.8%.

After some renovation work, there is also the possibility of creating two separate units by adding a separate entrance for residential use. A favorable planning approval has been obtained for this.

Energy Performance Rating (PEB): F – 462 kWh/m² per year

Viewings and inquiries: Water Lane Real Estate – 02/427.77.21

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