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£7,285,256

€8,400,000 (€690.00/sq. ft)

Office for sale

Street Name Upon Request, Paris 19Ème, Fr
12,174 sq. ft

£7,285,256

(€690.00/sq. ft)

€8,400,000

Office for sale
Street Name Upon Request, Paris 19Ème, Fr

    • 12,174 sq. ft

About this property

    Office building Canal de l'Ourcq district
    High net return
    Secure, profitable and scalable asset
    Canal de l'Ourcq district - Modern office building in excellent condition, offering a good return and strong potential for appreciation.

    Secure building delivered in 2019, compliant with erp and pmr standards (Type W, 3rd category)
    Modern facilities: Lift, reversible air conditioning (installed in 2022), modular spaces and green roof
    Quality tenants with long-term leases, guaranteeing stable and secure income
    Characteristics of the spaces
    Ground floor + basement (200 m2): Multi-purpose spaces (exhibitions, offices, shows, restaurant), rental potential estimated at €84,000 excl. VAT/year
    1st floor (241 weighted m2): Bright and perfectly appointed
    2nd floor (216 m2): Modern and flexible for professional activities
    3rd floor (216 m2): Functional and welcoming
    4th floor (216 m2): Fitted out spaces
    Roof terrace: Building permit purged for 75 m2, offering an opportunity for additional development
    Financial performance
    Price: €8,400,000 excluding VAT
    Current rent: €420,000/year excluding VAT
    Additional rental potential ground floor: +€84,000/year excluding VAT, bringing the total potential income to €504,000/year excluding VAT
    Net profitability excluding VAT aem (excluding ground floor/roof): 5.00%
    Net profitability excluding VAT aem (with ground floor): Up to 6.00%
    Charges fully borne by tenants, guaranteeing simplified management
    Technical and regulatory advantages
    erp and pmr standards: Building designed to accommodate the public with optimal accessibility
    Safety and compliance: Recent diagnostics confirm the absence of lead and asbestos in the areas analysed
    Modern facilities: Lift, reversible air conditioning, modular spaces suitable for professional activities
    Low risk: Area classified as having very low seismicity, outside the perimeter of mining or technological risks
    Scalable investment & potential for capital gains
    Possibility of building on the roof (75 m2, permit purged)
    Strategic location in an attractive and rapidly developing neighbourhood
    High potential for appreciation thanks to ambitious urban projects and growing demand
    Transport links nearby
    Ourcq (metro line 5): 270 m
    Ourcq Canal (buses 60,71,110): 110 m
    Ourcq (bus N13, N41, N45): 290 m
    An ideal asset for investors, companies and tenants
    Investors: A rapidly changing neighbourhood with high potential for appreciation and growing demand
    Optimal accessibility: Metro line 5, several bus lines and proximity to major roads
    Stimulating professional environment: Diverse business ecosystem, co-working spaces, modern services and infrastructure
    Quality of life for employees: On the banks of the Canal de l'Ourcq, green spaces, shops, restaurants, cultural venues (Centquatre-Paris)
    A rare, high-performance product with strong growth potential.
    Contact us now for more information.

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