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Commercial

€ 395,000
New conditions

155
70

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, where you can enjoy an exceptionally high return.

This property has already been leased to Manhattan since 1989, with the current rent being €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 includes 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 suits your needs and desires.

General information


AddressGasthuisstraat 8, 2300 Turnhout

Number of floors2

Number of toilets1

Total area155 m²

Ground surface area70 m²

Facade width4.7 m

Plot width4.7 m

Back facade orientationNorth

Energy performance


EPC label
EPC label

Certificate electricityYes, not-conform

EPC Reference20220317-0002565843-KNR-1

Financial


Price€ 395,000

Comfort


KitchenTo be installed

GlazingDouble glazing

InteriorAirconditiong

ExteriorSun tent

Building


BuildingTerraced house

Construction typeStone frame

ConditionTo refresh

RoofGable roof

Roof materialClay roof tile

Ground certificatePresent

Urban planning information


Right of first refusalNo

PermitYes

SummonsRequested

Subdivision permitRequested

ZoningEconomic activity area

Flood risk zoneNo

Designated flood zoneNo

Riverbank zoneNo

G-scoreClass C

P-scoreClass C


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