De Ferla company - Rental building - Issy-les-Moulineaux

De Ferla Companies presents you with an old building of good standing built to R+3, located at 5 General Leclerc Street, consisting of 4 apartments and 1 ground floor commercial space.

Composition:

First floor:

• A 2-room apartment of 36 m2 (vacant)

• A studio of 28 m2 (occupied)

Second floor: (occupied)

• A 2-room apartment of 36 m2

Third floor: (occupied)

• A 2-room apartment of 36 m2

Ground floor: (occupied) Bookstore lease 3/6/9 years

A commercial space of 94 m2

Areas:

Carrez surface of the apartments: 136 m2 Commercial space of 94 m2 Total building surface: 230 m2

Financial data:

Annual rent: €66,944 excluding charges / €71,160 charges included Return: approximately 3.5% Net seller price: €1,680,000 Fees: 5% excluding VAT additionally

Lease status:

Standard housing leases subject to the 1989 law, with 1 to 2 guarantors No unpaid rent observed over 40 years of rental management Population mostly young, very low proportion of middle-aged adults, no seniors

Additional information:

The owner had considered an elevation project (no administrative submission made to date).

Existing plans as well as the elevation project are available in attachments.

For any additional information, please contact me at 06 70 67 56 57.