76260 Eu Retail Condo Unit Offered at $244,950

Located across from the main square in the town of Eu, these commercial premises were renovated in 2022 and are currently occupied by a grocery store under the national Coccinelle brand. The property offers a strategic location and excellent visibility. The premises are part of a well-maintained small condominium consisting of two commercial units and three apartments, ensuring straightforward and manageable operations. The tenant is reliable and has been in place with no payment issues reported. The current lease provides a secure investment with an attractive yield of 6.5% (rent of €13,745 excluding taxes and charges). It is worth noting that the tenant fully covers the condominium fees as well as the property tax, further enhancing the net performance of the asset. This is a high-quality investment property, ideal for an investor seeking stable rental income, a recognized brand, and a prime location. Complete documentation and financial details available upon request. - Listing written and published by a Mandate Agent -