ROYALE 180 / Invest 1.025 m² retail + vacant

**DIRECT FROM THE OWNER ** - Excellent investment opportunity. 7 retail (air conditioning, false ceiling, ventilation...) premises with a total of 1,025 sqm (ground floor + mezzanine) in a mixed-use building on Rue Royale. Real potential for upgrading as it is located opposite the new Corinthia Grand Hotel Astoria Brussels, the capital's most luxurious luxury hotel, which will open its doors at the end of 2024.

6 shops (899 m²) and 1 indoor car park are occupied by 4 tenants, generating total annual income of €112,349.

The last shop/office (70 sqm on the ground floor + 57 sqm on the upper floor) is currently for rent. It is intended for a liberal profession as it has no shop window. Expected rental income: €25,400.

4 other indoor parking spaces are included (expected rent: €2,000/pkg/year).

Possibility of additional parking spaces. 

Total rental income: €145,749/year. Gross yield: 5.83% (incl. the vacant unit). Charges and taxes paid by tenants. 

This mixed-use "Royale 180" comprises office, retail and archive space, flats and car parks.

It is well served by public transport: "Central" and "Congres" stations are within walking distance. Metro (Botanic), Tram (92 and 93) and Bus (65 and 66) 100 metres away. Villo station in front of the door.

For more information, contact our representative Steven Sagman on 0470/10.48.41 or by e-mail ss@growners.be. (Ref : ROYALE 180 - invest retail)