Commercial real estate in the heart of Ghent

€895,000

~143 m² Total surface
~73 m² Plot surface

Description

This commercial property is currently leased to the cheese shop ‘de Mekka’. The property stands on a 73 m² plot and has a usable area of 143 m². On the ground floor is the retail space with shop window, a toilet and a storage room. In addition, there is a separate access at the rear via Borreputsteeg, ideal for deliveries. There is also access to the basement area via the rear. The first floor consists of three rooms that currently serve as storage. There is also an attic space at the top. This commercial property is currently let for a monthly rent of €4,000. Urban planning permit obtained Recent zoning: Residential area with cultural, historical and/or aesthetic value No legal measures imposed Pre-emption right No subdivision permit Renovation obligation: applicable EPC: Label F UC: 3074475-KNR-1 P-score: B, G-score: B

Features

BasementAttic

Engel & Völkers Gent Centrum

+32 9 223 28 23

Your advisor: Maxim van Laere

Property ID: W-02YR4F

Location: Arrondissement of Ghent, Ghent

In the prosperous economic heart of Ghent is the iconic cheese shop ‘De Mekka’. The name of this shop reflects the essence of the Koestraat: a centre of influence. This is not just a contemporary reality, but a legacy deeply embedded in the rich history of the street, which has always played a crucial role in Ghent's economic strength. Thanks to its strategic location, Koestraat has proven to be the focal point of trade and activity. Today, Koestraat has become a lively shopping and hospitality centre, where retail and local entrepreneurs flourish. This makes the street a dynamic and sought-after location for entrepreneurs and investors alike. Why is this an excellent investment for you? Koestraat offers a consistent income stream due to the continuous demand for commercial property in this strategic location. The street's consistent appeal and low vacancy rates make Koestraat a reliable source of stable income. Moreover, the historic value of this street offers significant potential for long-term value growth, making it a stable and profitable investment for the future.