Occupied Commercial Premises - Strategic Location
Advert Reference: 490
For Sale By Agent
Agency: ARCHITECTURES Pays-Basque
This property has been brought to you by Green-Acres
Currency Conversion provided by
Wise
| €680,000 is approximately: | |
| British Pounds: | £584,079 |
| US Dollars: | $790,295 |
| Canadian Dollars: | C$1,092,216 |
| Australian Dollars: | A$1,095,412 |
Key Info
- Type: Residential (Apartment), Investment Property
- Bedrooms: 0
- Habitable Size: 120 m²
- Land Size: 0 m²
Property Description
Located on one of the busiest axes in Biarritz, this 112 m² commercial space benefits from excellent visibility thanks to two display windows representing nearly 13 linear metres of frontage.
The property is currently rented to an international brand under a commercial lease running until 28 February 2027. The space is used for offices, showroom and a furniture, decorative objects and textiles store.
It also features a pleasant central patio of about 15 m² providing light and practical use.
Annual rent excluding tax: 31,200
Property tax recovered from the tenant: 1,483 /year
Major asset: potential to split into two independent commercial units of approximately 57 m² and 55 m² with shared central patio, offering real value-creation potential.
Immediate proximity to an iconic Concept Store in the area enhances commercial appeal of this location.
Heritage investment sought, combining immediate rental income, commercial visibility and potential for optimization. (4.62 % including tax agency fees charged to the purchaser.)
Co-ownership of 21 lots – of which 19 are residential. (No proceedings in progress).
Annual charges: 600.00 euros.
Currency Conversion provided by
Wise
| €680,000 is approximately: | |
| British Pounds: | £584,079 |
| US Dollars: | $790,295 |
| Canadian Dollars: | C$1,092,216 |
| Australian Dollars: | A$1,095,412 |
Location Information
For Sale By Agent
Agency: ARCHITECTURES Pays-Basque
This property has been brought to you by Green-Acres
Property added to Saved Properties