Commercial property with residential unit in downtown Westende

Financial data

Turnover / Revenue €200,000.00

Located on acorner lotwith high visibility in the center of Westende village is this versatile commercial property with residential space. This semi-open buildingcombines a spacious restaurant or café on the ground floor with a pleasant residence on the upper floors. Thanks to its central location near shops, amenities, and the coast, this property offers plenty of opportunities for entrepreneurs or investors;

The ground-floor commercial space (approx. 151 m²) features a spacious and inviting dining area with a bar, a functional kitchen equipped with professional appliances and a walk-in cooler, a dishwashing area, and restrooms. At the front is an inviting terrace, sheltered from the wind by glass. The basement offers additional storage space for beverages or inventory. The property is currently operated as a restaurant, but various commercial uses are possible (subject to permits);

The residence (approx. 77 m²) is located on the first and second floors. On the first floor, there is a cozy living area with an open, fully equipped kitchen, laundry facilities, a bathroom with a shower, and a separate toilet. The second floor features two full-sized bedrooms and an additional room that can serve as a walk-in closet or storage space;

The property features double-glazed windows and natural gas heating, as well as separate meters for commercial and residential use, making it an attractive option for an investment or subdivision project. Additionally, the property is a short distance from the sea, beach, and dunes and is easily accessible by bus and coastal tram;


Highlights:
*Central location in the village center of Westende;
*Commercial property with residential unit in a semi-detached building;
*Commercial space of approximately 151 m²;
*Sheltered front terrace;
*Residential unit with 2 bedrooms + walk-in closet/storage room;
*Basement for storage;
*Separate utility meters for commercial and residential use;
*Ideal for a restaurant, retail business, or investment;
*Close to the sea, beach, dunes, and public transportation;

Contact us today for more information or to schedule a site visit!
https://www.caenen.be/nl/te-koop/handelspand-westende-restaurant-nicolas-4298655.htm

Due to its EPC rating of E, the property is subject to the Flemish government’s renovation requirement for residential buildings (unless demolished within 5 years of purchase). For more information, visit the website of the Flemish Energy and Climate Agency at https://www.vlaanderen.be/een-huis-of-appartement-kopen/renovatieverplichting-voor-residentiele-gebouwen; 
During a visit or when you request information, we will always discuss the options for upgrading the property to a higher EPC rating.;

Restaurant

This business’s growth potential lies in its highly visible location and the versatility of the property. Through a well-thought-out repositioning of the hospitality concept (e.g., focusing on breakfast, lunch, tourism, or a niche experience), revenue can be significantly increased. In addition, the combination of retail and residential space offers interesting opportunities in terms of leasing, subdivision, or investment, which can further optimize returns. An energy-efficient renovation can also lead to lower costs and increase the overall value of the property.

Location
Westende, West-Vlaanderen
Legal form
Sole proprietorship
Customer type
B2C (Business to Consumer)
Active since
2009
Real estate included
Yes
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

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