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Sale Notes
Established commercial zone, in immediate proximity to INTERMARCHE.
Property consists of an occupied unit and a vacant unit, offering a dual opportunity: immediate rental repositioning and land value enhancement.
**Occupied Unit**
Automotive activity - 813 m²
Rent: €52,776 excluding VAT per year
Lease start date: 12/01/2016
Tenant in payment default
**Vacant Unit**
Immediately re-marketable - 300 m²
Target rent: €27,600 excluding VAT and charges per year
**Value-Add / REAL ESTATE DEVELOPMENT Opportunity:**
- 5,000 m² classified as UC zone under the Beaupréau-en-Mauges PLU (local urban plan).
- Authorized commercial densification: Ground coverage up to 75%.
- Former building permit (2008) for the creation of 7 commercial units.
- Possibility to redefine a project based on market demands (division, extension, restructuring).
- Maximum authorized height: 12 meters.
- Optimal accessibility and high visibility in the commercial zone.
**Financial Terms**
Net seller price: €1,200,000
Fees: 4% excluding VAT, payable by the buyer
Property consists of an occupied unit and a vacant unit, offering a dual opportunity: immediate rental repositioning and land value enhancement.
**Occupied Unit**
Automotive activity - 813 m²
Rent: €52,776 excluding VAT per year
Lease start date: 12/01/2016
Tenant in payment default
**Vacant Unit**
Immediately re-marketable - 300 m²
Target rent: €27,600 excluding VAT and charges per year
**Value-Add / REAL ESTATE DEVELOPMENT Opportunity:**
- 5,000 m² classified as UC zone under the Beaupréau-en-Mauges PLU (local urban plan).
- Authorized commercial densification: Ground coverage up to 75%.
- Former building permit (2008) for the creation of 7 commercial units.
- Possibility to redefine a project based on market demands (division, extension, restructuring).
- Maximum authorized height: 12 meters.
- Optimal accessibility and high visibility in the commercial zone.
**Financial Terms**
Net seller price: €1,200,000
Fees: 4% excluding VAT, payable by the buyer
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
11,980 SF
Price
$1,393,583
Price Per SF
$116.32
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