SAUZET (26740) (France) Property complex 450 m² - with walls c

SAUZET (26740) (France) Real estate complex 450 m² - with Commercial walls 2 Apartments under lease – Surface to be developed for about 170 m² NEAR MONTELIMAR – 26200 (France) - Real estate complex 450 m² - with Commercial walls - 2 Apartments under lease – Area to be developed for about 170 m². Real estate complex comprising - The commercial walls of a bar restaurant 184 m² - (under lease 3-6-9 – annual rent 11500 euros) – Two apartments 47 and 43 m² type 2 (under lease; annual rent 10,000 euros) -Areas to be converted approximately 170 m² into three apartments, 2 T2 and 1 T4 (potential income 18,000euros/year) - Roof 300 m² completely redone in 2022 (ten-year warranty in progress) Profitability on currently rented areas > 5% -- Estimated profitability after works > 8% Located in Drôme Provençale, 10 minutes from Montélimar in the centre of a pretty Drôme village, this real estate complex includes commercial walls (business of a bar restaurant), 2 rented T2 and a surface area of 170 m² to be converted into T2 and T4; Significant profitability in its current state, its potential for development is significant; In addition, the rental of another T2 can be immediate after some renovation work. Description - Ground floor - Commercial walls of 184 m2 - bar and restaurant (45 seats); kitchen, pantry, toilets to ERP standard - possibility of increasing the capacity of the restaurant (back room); Cellar (26m2). - Floor 1 - 2 apartments of type T2 43 and 47 m2 – rented 420 euros/month (HC) - Floor 1 – Surface to be converted into 1 T2 (45 m²) and 1 T4 (85 m²). - Floor 2 – Surface area to be converted into 1 T2 (40 m²).