Acquisition of the "Preus" restaurant near the Market Square in Bruges

Asking price €250,000.00

Financial data

Turnover / Revenue €475,000.00

Restaurant “Preus” is located at Philipstockstraat 45 in Bruges. It occupies a prime location in the historic city center, near the Grote Markt and the Burg. The location benefits from high visibility and natural foot traffic from both tourists and Bruges residents. The restaurant is housed in an authentic Bruges townhouse. The interior has been completely renovated to feature a modern, sleek design while preserving its distinctive character. Layout: - Ground floor: Dining room with an adjacent state-of-the-art kitchen facility that meets all standards. - Upper floor: Multifunctional space designed for private dining and groups of 8 to 12 people. - Cozy terrace - Storage room in the basement - There is the possibility of living above the business.

Location
Brugge, West-Vlaanderen
Legal form
Company
Real estate included
No
Translated from
Dutch
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Veurne, West-Vlaanderen

This real estate company offers a unique opportunity to acquire a high-quality, prime-location investment property in downtown Veurne. Thanks to its prominent corner location at the intersection of Ooststraat and Oude Vestingstraat, the building enjoys maximum commercial visibility and is within walking distance of the Grote Markt and various public parking lots. The property combines a strong commercial ground floor with three spacious residential apartments, resulting in a balanced and diversified income structure. Layout: Ground Floor - Commercial space of approx. 360 m² in a prime A-location. Long-term lease to Eldi since 1991! Common entrance hall for the apartments. - Garage of approx. 33 m². First floor - Apartment of approx. 223 m² with a spacious living area, three bedrooms, and a functional layout. - Apartment of approx. 119 m² with two bedrooms. - Shared terrace of approx. 100 m². Second floor - Apartment of approx. 223 m² with three bedrooms. - Attic/laundry room. Attic Spacious open attic offering potential for future optimization or expansion, subject to the required permits. Investment Highlights - Strategic corner location in the city center. - Prime commercial location along the main shopping street. - Stable commercial rental income. - Three spacious residential apartments that provide additional rental income and help diversify risk. - Professionally separated mechanical and utility systems for each unit. - Elevator available. Transaction Structure Sale via a share transfer of the real estate company, based on an underlying property value of €1,570,000. An exceptional investment opportunity with stable rental income, an excellent location, and attractive potential for long-term value creation. EPC: 164 kWh/m²EPC: 238 kWh/m²EPC: 185 kWh/m²EPC KNR: CIncome from the 2024 financial statements. 

Price €1,570,000.00
Retail Supermarket

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