Mixed-use building for sale

1295000€

568 square meters

Immoweb code : 9123328

Overview

568 square meters livable space
333 square meters of land

Description

Opportunity for real estate re-development - 770 m2

Investment for a real estate promotion in Quartier Schuman, 200 meters from the Berlaymont.
Building on a rear island, today +/- 568 m2 of buildings on 4 levels:
2 x 202 m2 on the ground floor and 1st + 128 m3 on the 3rd under the roof
+ 78 m2 cellars
and +/- 128 m2 of southwest terrace .

Possibility to buy 30/50 m2 of garden from the neighbour (subject to agreement).
Note that the first two levels have ceilings 4,50 m high, wooden floor

New structure = 2 new concrete slabs for better sound insulation with a ceiling height of 3,00 m = increase the final surface area by the building.

There lies the great rentability of the project.

These are the final m2 that will make the difference. A little bit of history :

The building was operated as a restaurant and reception areas until March 2020, then new decoration works were undertaken to take advantage of the forced shutdown, first wave of COVID-19, but the contractor went bankrupt.
Today it appears that a restaurant as business model may definately belong to the Past.

The building is in partnership = share deal (1%).
New surfaces could be +/- 770 m2 for 4 layers (3 x 202 m2 + 1 x 128 m2 + 36 m2 of cellars (= divided by 2 for valuing).

A visit is possible, with respect for the measures imposed by the government and the recommendations of the IPI.

GREAT INVESTMENT OPPORTUNITY !!!

Building presented by a professional broker with IPI / BIV number 513.555

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