For sale in Oyonnax - Mixed-use building with commercial premises and residential apartments

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OYONNAX 01100

For sale in Oyonnax - Mixed-use building with commercial premises and residential apartments

area
1577 m2
land
1736 m2

1 035 000€

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Presentation of the property : business assets 6 rooms for sale in OYONNAX

Exclusively in Oyonnax: An ambitious project for investors. This building, sold as a single lot, comprises: - A 45.14 m² commercial unit currently rented to a tradesperson - A 157.38 m² commercial unit - A 353.53 m² commercial unit currently rented to a workwear company - A 546.71 m² commercial unit - A former gym and weight room - A 170.85 m² 6-room apartment, requiring no renovations and ready for immediate rental - Convertible attic space of 273.6 m². This area, categorized as Uc2 in the Local Urban Development Plan (PLUi), allows for the creation of housing. The parking lot, with its 31 spaces, meets the building's needs. Two units are currently rented: one to a tradesperson and the other to Brod'art, an Oyonnax-based specialist in the sale and customization of workwear. The building is in excellent condition. Featuring a traditional timber frame, this property offers 273 m² of attic space suitable for conversion into apartments. The former gym can also be transformed into apartments, providing 546 m² of living space. The current owners' apartment can be rented out without any renovations. Each unit has its own Linky smart meter and individual gas heating system. However, the entire building only has a single, shared water meter. This is a high-performing project due to the number of housing units it will create, and especially because of the immediate income generated by the existing tenants. Please feel free to contact me for more information: +33 6 71 10 72 56

The fees are to be paid by the seller.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 1 035 000 €
Fees payable by the seller

To view the fee schedule : click here

Location of the property : business assets 1577 m2 for sale in OYONNAX

01100 OYONNAX

Features of this property :

Information

#id	340 934 895 834
Nb of room(s)	6
Surface area	1 577 m²
Land surface area	1 736 m²
Floors	3
Construction date	1960
Exposure	South West

Other informations

garden	yes
Car park	yes

Financial

Agency fees included price	1 035 000 €
Annual property tax	8 700 €

1035000

Diagnostics

Estimated annual energy costs of the property

Between 4100 € and 4100 € by year

Estimated amount of annual energy expenditure for standard use : in the form of a range with indication of the range

Average energy prices indexed as of January 1, 2021 (subscriptions included)

Capifrance advisor in charge of this property

Guillaume LANGEARD

Oyonnax

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FAQ

The Capifrance team answers your frequently asked questions:

What are the advantages of investing in commercial properties?

Investing in commercial properties can offer several attractive advantages for investors. Here are some reasons why this type of investment can be appealing:

High returns
Tenant stability: Businesses tend to sign long-term leases (often between 3 and 9 years). This provides stable rental income over the long term and reduces the risk of vacancy.
Property appreciation: Commercial properties can increase in value over time, especially if they are located in developing areas or thriving business districts.
Diversification opportunities: Investing in commercial properties allows for the diversification of an investment portfolio. This helps reduce risks by spreading investments across different types of real estate assets (offices, retail spaces, warehouses, etc.).
Less daily management: Compared to managing residential properties, commercial properties require less daily management. Tenant businesses are generally responsible for routine maintenance.

Commercial Lease: What is the difference between tacit renewal and tacit extension?

There is no tacit renewal. The tenant must request the renewal of the lease 6 months before the lease's expiration. This request cannot be refused.

In the case of tacit extension, the conditions of the initial lease continue to apply, but the parties can terminate the lease at any time, subject to a notice period. The terms of the lease (rent, charges, etc.) continue to apply. If the lease duration exceeds 12 years, the landlord can uncap the rent (i.e., the rent will be set at the market rental value commonly practiced in the vicinity).

What are the factors to consider when valuing a business ?

Valuing a business requires a comprehensive approach, taking into account the financial, commercial, material, and immaterial aspects of the company. Consulting a specialist in business valuation can also help to obtain an accurate and professional estimate.

For sale in Oyonnax - Mixed-use building with commercial premises and residential apartments

Presentation of the property : business assets 6 rooms for sale in OYONNAX

Features of this property :

Capifrance advisor in charge of this property

Real Estate Daily

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