Real estate company with two yielding properties, on unique locations in Ghent and Knokke

Asking price €3,818,000.00

Financial data

Turnover / Revenue €114,306.00

Patrimony company with premises in Knokke and Ghent.

This real estate company includes:

- a yield property, located at Lippenslaan 56 in Knokke. This location, close to the center and still within walking distance from the beach, is suitable for both yearly rentals and vacation rentals. The building dates from 2009 and includes a rented commercial property, 4 bright apartments and a duplex.

- Revenue property, located at Hoogpoort 8-12 a in Ghent. This historic building, part of which dates back to the 17th century, consists of 9 residential units, a commercial building, a rear building to be thoroughly restored and an underground medieval cellar.

This property, which needs to be renovated with the necessary know-how, is located in one of the busiest streets of the Ghent city center, thus combining historical charm with commercial visibility.

The current annual rent today is €70,680 and €86,665 respectively, together good for a total annual rent of €157,345.

Total asking price for the property was set at € 4,217,000 (incl. the part of the property in Ghent that is held privately). The asking price for the acquisition of the shares amounts to € 3,818,000 (based on the balance sheet 31/12/2024).

The share valuation, after receipt of signed NDA, can be delivered.

This concerns a sale under shares. Candidate buyers are offered real smoke the possibility to purchase the property in Ghent as an asset deal.

Location
, ,
Legal form
Company
Customer type
B2B (Business to Business), B2C (Business to Consumer)
Real estate included
Yes
Translated from
Dutch
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