Acquisition of a restaurant with a patio and a residence in Oostkamp

Asking price Price on request

Financial data

Turnover / Revenue €417,000.00

With a prime location, a spacious interior, a sunny terrace, and a generous residential apartment, this property offers the perfect combination of work and comfortable living under one roof.

Highlights of the hospitality business

Ample seating capacity: A cozy dining area that seats 50 guests, complemented by a separate, inviting bar that seats another 40 people.

Sunny terrace: Enjoy 30 additional outdoor seats during the warmer months.

Facilities: Fully equipped professional kitchen, separate bar, spacious restroom facilities (2 restrooms), a cool wine cellar, and a practical storage room.

Commercial location: Situated in an easily accessible spot in the bustling center of Oostkamp.

 

Spacious & bright duplex apartment

Above the business is a high-quality and spacious duplex apartment, ideal as an owner-occupied residence:

Living area: Cozy, large living room measuring no less than 47 m², a 6.5 m² kitchenette, and a charming mezzanine.

Bedrooms: 3 full-sized bedrooms (23 m², 12 m², and 10 m²) and a separate walk-in closet (12 m²).

Bathroom: An 8.5 m² bathroom equipped with a shower, toilet, and double sink.

 

Practical & Financial Details

Lease agreement: New commercial lease agreement 

Rent: €3,500.00 per month

Additional benefit: Option to rent a garage.

Location
Oostkamp, West-Vlaanderen
Legal form
Company
Real estate included
No
Translated from
Dutch
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Fully Leased Investment Property in the Heart of Kortrijk This fully leased investment property is situated in an excellent downtown location, close to Kortrijk’s Grote Markt. The building dates from 2007 and combines a commercial ground floor with six apartments spread across the upper floors. The ground-floor commercial space has an area of approximately 82 m² and also includes a separate basement storage room of about 37 m². The space is currently leased to an established driving school under a commercial lease agreement. On the first through fifth floors, there is one apartment on each floor, each measuring approximately 82 m². Each apartment includes an entryway, a bright living area, a kitchen, a practical storage room, a separate toilet, a bathroom, two bedrooms, and a balcony. The sixth floor features a penthouse apartment of approximately 63 m², comprising a living area, kitchen, storage room, bathroom, separate toilet, and one bedroom. The standout feature of this residence is the spacious rooftop terrace of approximately 21 m². The building has a passenger elevator that serves all floors. The basement also houses six private storage units, the utility meters, and a common hallway. The building was constructed to be sturdy and durable, featuring a concrete frame, a facade finished in natural stone and glass panels, aluminum exterior window frames with double glazing, and natural gas-fired central heating for the apartments. The apartments offer a functional layout and contemporary living comfort. Thanks to its central location, excellent transportation links, and the combination of residential and commercial rental income, this building represents an attractive investment with good risk diversification. Shops, restaurants, public transportation, schools, and all urban amenities are within walking distance. A solid and immediately profitable real estate investment in a sought-after location in the center of Kortrijk.

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