Situation
The building is located in Geneva, on the banks of the Arve in the commune of Carouge, between the Fontenette bridge and the Carouge bridge. Just 1,500m from the Geneva University Hospitals or the Geneva-Champel train station, it is easily accessible by public transport.
Access is also easy by car since there are no fewer than 5 private or public car parks within a 600m perimeter.
The commercial premises (for sale)
The commercial premises measure 277.8m2 ppe and have a net rental area of 224.36m2. The west facade is completely clear and benefits from very good natural light.
The floor of the arcade is covered with a floating parquet floor of wooden slats. False ceilings cover the surface, in which light fixtures are integrated. The surface is heated with radiators. The surface is partitioned into several spaces, assigned to the medical consultation.
Exploitation
The rental status as of October 31, 2024 was CHF 117,612.-/, CHF 9,801.-/month and CHF 524.21/m2/year.
In addition to the rent, the current tenant pays charges of CHF 10,140.-/year, CHF 845.-/month and CHF 45.20/m2/year. These include heating, water and incidental costs.
The lease contract started in January 2012, the medical practice has a well-established activity.
The gross yield is 3.92% and the net yield is 3.62%.
The building (Co-ownership)
A former industrial flour mill built in 1899 by the miller Jules Sylvant, the building is characterized by a two-level base whose corners and frames alternate between red bricks and white stones.
In 1998, the building was transformed into a residential building as part of a Neighborhood Location Plan (PLQ).
The whole which is divided into co-ownership is allocated to housing and to "commercial" activities in the tertiary sector. According to the distribution booklet dated 2018, four of the ppe lots out of the 8 lots have a commercial allocation.
The co-ownership is in very good condition, the renovation fund as of 31.12.23 was CHF 118,419.-
The building is located in Geneva, on the banks of the Arve in the commune of Carouge, between the Fontenette bridge and the Carouge bridge. Just 1,500m from the Geneva University Hospitals or the Geneva-Champel train station, it is easily accessible by public transport.
Access is also easy by car since there are no fewer than 5 private or public car parks within a 600m perimeter.
The commercial premises (for sale)
The commercial premises measure 277.8m2 ppe and have a net rental area of 224.36m2. The west facade is completely clear and benefits from very good natural light.
The floor of the arcade is covered with a floating parquet floor of wooden slats. False ceilings cover the surface, in which light fixtures are integrated. The surface is heated with radiators. The surface is partitioned into several spaces, assigned to the medical consultation.
Exploitation
The rental status as of October 31, 2024 was CHF 117,612.-/, CHF 9,801.-/month and CHF 524.21/m2/year.
In addition to the rent, the current tenant pays charges of CHF 10,140.-/year, CHF 845.-/month and CHF 45.20/m2/year. These include heating, water and incidental costs.
The lease contract started in January 2012, the medical practice has a well-established activity.
The gross yield is 3.92% and the net yield is 3.62%.
The building (Co-ownership)
A former industrial flour mill built in 1899 by the miller Jules Sylvant, the building is characterized by a two-level base whose corners and frames alternate between red bricks and white stones.
In 1998, the building was transformed into a residential building as part of a Neighborhood Location Plan (PLQ).
The whole which is divided into co-ownership is allocated to housing and to "commercial" activities in the tertiary sector. According to the distribution booklet dated 2018, four of the ppe lots out of the 8 lots have a commercial allocation.
The co-ownership is in very good condition, the renovation fund as of 31.12.23 was CHF 118,419.-