Commercial in ROCHECHOUART , Haute Vienne , Limousin

€141,500 €108,900 (HAI) £95,498**
Ref: 43705ED87
french property for sale

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Reduction from €141,500 to €108,900 Big reduction for this fantastic investment opportunity in the medieval town of Rochechouart.
3 apartments in good order - studio, 1 bed and 2 beds, situated in the centre of Rochechouart

Elizabeth Day , your local Leggett agent, says :

Price €108 900 (HAI)**
**agency fees included : 10 % TTC to be paid by the buyer
(€99 000 without fees)

Reduction from €141,500 to €108,900 Big reduction for this fantastic investment opportunity in the medieval town of Rochechouart.
Ref 43705ED87
Town ROCHECHOUART
link to google map MAP
Dept Haute Vienne
Surface 134 M2* Plot Size 108 M2
Bathroom 3 Bedrooms 4
Location
  • 0-2KM to amenities
  • 50km or less to airport
  • Close to golf course
  • Town property
Type
  • Commercial
  • Family Home
  • Gite Complex
  • Holiday Home
Features
  • Business potential
  • Character property
  • Double glazing
  • Mains Drains
Condition
  • Good condition
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Print description
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With a total rental income of 955€ p/month or 11460€ p/a, this group of apartments in the centre of the medieval town of Rochechouart offers a great investment opportunity. Fully modernised within and out - no works required.

This attractive stone building, in a prime location in the very centre of Rochechouart is comprised of :

Apartment 1 :
Habitable space : 13.91m²
Energy rating : F/D
Heating : Electric radiators
Income : 200€ per month (plus 15€ p/m for water)
Studio apartment with WC on 1st floor of property.

Apartment 2 :
Habitable space : 48.63m²
Energy rating : F/C
Heating : Electric radiators
Income : 355€ per month (plus 15€ p/m for water)
1 bedroom apartment on the 1st floor of the property - lounge (20.56m²), kitchen (8.1m²), bedroom (14.75m²), bathroom & WC.

Apartment 3 :
Habitable space : 70.99m²
Energy rating : D/E
Heating : Mains gas central heating
Income : 400€ per month (plus 25€ p/m for water)
2 bedroom apartment on the 2nd floor of the property - lounge (21.07m²), kitchen (8.65m²), bedrooms (9.31m² & 13.58m²), bathroom & WC.

The main entrance hall and stairways have recently been redecorated, as has the exterior of the property and the roof was completely redone in April 2008. The electrics are separated out for each apartment so each tenant is responsible for their own contract and bills. The water bill is paid by the landlord, but each property has a sub meter and charges are applied separately on a month basis.

At the time of writing (June 2018), all apartments are let and are on 3 year rolling contracts.

The tax foncière for 2017 was 770€ p/a and the tenants are responsible for paying the tax habitation. The insurance is 258€ p/a - this is pro-rated with the owner of the ground floor of the property - which happens to be an insurance company.

The attic, which is currently used as a storage space by some of the tenants, also has permission to be converted into another apartment of 37m².

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