For Sale   >   Belgium Flag  Belgium   >  Brussels Capital Region  >  (bruxelles-capitale)  >  City Of Brussels  >  Brussels
Map Street View Save
close map
  • €3,600,000
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • 1 bedrooms
  • House  1 bedroom
  • For Sale 
  • Brussels
  • belgium Flag Belgium
•SITUATION :
The building is situated in the heart of Brussels at the crossing of the rue du Chêne and the rue de l`Etuve (Stoofstraat – Eikstraat, 1000 Brussels).
It consists of 4 ancient buildings and functions as the backdrop to the Manneken Pis monument.

•DESTINATION :
The ground floor is exclusively meant for commercial use:
- 1 shop 44/46 rue de l`Etuve
- 1 shop 2 rue du Chêne
The four floors consist of:
- 1 One bedroom apartment on the first floor, rue du Chêne
- 1 Studio on the first floor, rue de l`Etuve
- 1 Duplex one bedroom apartment on the second & third floor, rue du Chêne
- 1 Studio on the second floor, rue de l`Etuve
- 1 Duplex one bedroom apartment on the second & third floor, rue de l`Etuve

•URBAN PLANNING:
The building is not classified.

•PROFITABILITY:
+/- 70% of the rents comes from the shops.
The shop leases end in 2031 & 2034.
The start of the building`s economic maturity, and consequently its maximum profitability, will be reached at the end of 2009.

•PRICE:
Our selling position is simple: After the valuation – see appendix – we have fixed the selling price, taking into account a guaranteed profitability – guaranteed annual rent up to ±4,5% of the selling price. This way, the buyer gets both security AND immediate profitability.
Taking into account that the rent evolves in stages during two years, we have fixed the annual income on the basis of the contracts` maturity. This means that we take care of possible viduity risks.
The minimum annual rent we guarantee for the first five years amounts to €160.000,-
Consequently, the selling price is €3.600.000,-

•SALE:
We can sell either the building or the company. The price varies slightly, depending on the fiscal impact of the formula the buyer chooses.

•SALE PERIOD:
We put the building up for sale to actualize our investment and the work we put in.
At the end of September 2010, the building will be taken off the market for at least five years.

•SURFACES:
SURFACE PLOT: 1A57CA
SURFACE BUILDING: 145M²
USEFUL SURFACE: 420M²

For more information contact me on:
•SITUATION :
The building is situated in the heart of Brussels at the crossing of the rue du Chêne and the rue de l`Etuve (Stoofstraat – Eikstraat, 1000 Brussels).
It consists of 4 ancient buildings and functions as the backdrop to the Manneken Pis monument.

•DESTINATION :
The ground floor is exclusively meant for commercial use:
View more
CHECK IF AVAILABLE
Get Alerts