Located in the industrial area of Ile Falcon, in close proximity to Sierre's axes, this metal construction building from 2003 is currently in its raw state. It is being sold with an already approved transformation project. The project includes: peripheral insulation, interior rearrangement on two levels (spaces for small artisans and production, office open-space on the upper floor), an industrial elevator, and a self-service washing station.
These works are to be carried out by the buyer, who remains free to choose their contractors (project free of architect and construction manager mandate).

Strategic location in one of the main economic areas of central Valais, on an axis in full development, just a few minutes from the highway exit and Sierre train station.
Approved transformation project
The current building permit provides for the complete reorganization of the surfaces with the creation of:

• 7 large storage spaces on the ground floor
• 2 large storage spaces on the upper floor
• 1 vast office open-space

This configuration allows for great flexibility in operation as well as diversification of tenants, contributing to the security of rental income.
Attractive rental potential
The project develops approximately 2'200 m² of rental surfaces.
Based on an estimated market rent of CHF 140.-/m²/year, as well as additional income from parking spaces of about CHF 25'000.- per year, the projected annual rental income without charges reaches nearly CHF 350'000.-.

With an estimated total investment cost of about CHF 4.6 million, including acquisition and transformation works, the projected net yield without charges stands at about 7.6%, a particularly attractive level for this type of real estate.
Sales conditions
Sales price: CHF 3'500'000.-
The price includes the entire property as well as the current building permit allowing for the immediate realization of the transformation project.

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