Lokeren: real estate company with multifunctional project building

DESCRIPTION AND ACTIVITY
This company is a pure real estate company with 2 attached buildings + plot of land in the center of Lokeren.

Kerkstraat 66 =
- commercial ground floor, today rented to clothing store, of approximately 130 m²
- spacious home - to renovate - on 1st & 2nd & 3rd floor, with total living area of approximately 400 m², built in 1984
- fully cellared
- and with rear access to the Knokkestraat.

Kerkstraat 68 =
- completely renovated (2009) office space - currently serving as a notary office
- very clean & modern appearance
- with a usable surface of approx. 430 m²
- extends over the ground floor + a mezzanine floor
- is leased until the end of 2026
- on the 1st & 2nd floor there is a modern & stylish apartment with a separate entrance - built in 2009 - with enclosed outdoor terrace and large roof terrace - apartment area approx 120 m² + approx 100 m² attic space + approx 100 m² roof terrace

Building land at the back
- access via the Knokkestraat
- surface area 457 m²

This site can be used for many different purposes: modern and completely renovated office space for liberal profession, medical center, commercial space, as well as conversion to residential apartments, ...

The buildings can be viewed as a whole or split into several entities.

The total land area is approximately 1,494 m²
with a total habitable area (in current condition) of about 1,094 m².

The entire property is in a partnership, with the exception of the apartment in Kerkstraat 68, which is privately owned.

The partnership is completely debt-free.

LOCATION
These buildings are located in the city center of Lokeren - within walking distance of the Market Square.
All facilities, hospital, shopping centers, department stores and schools are in the immediate vicinity & within walking distance.

The buildings are accessible from the street but also from the rear, where there is also possibility to park.

FOR SALE
The sale is made because of the death of the former owner and the rearrangement of the family assets between the children-heirs.

An opportunity is offered to the prospective buyer to purchase 100% of the shares of the real estate company.

However, a separate sale of the buildings is also possible.

The total property value is estimated at approx. 1.8 mln EUR.

All acquisition and/or purchase modalities are negotiable.

INTEREST?
Do not hesitate to contact us - a detailed acquisition memorandum can be made available.