Martigny commune - Café restaurant with studios and apartments very well located. Gross yield of 7.15%

Located in a passage area in the Martigny commune, in the Valais canton, this café-restaurant with studios and apartments offers an exceptional potential for commercial, tourist or rental use. It is situated on a plot of over 1100 m2, including parking, garden and building, and the building can still be expanded.

Some studios require some renovation work to bring them up to date, but the building already has a solid structure, beautiful spaces and a functional layout allowing for various uses.

Composition of the premises:

Lower level:

• Storage rooms
• Boiler room
• Cellars
• Cold rooms
• WC

Ground floor:

• A café room with 50 seats and bar
• A restaurant room with pizza oven for 50 people
• Fully equipped professional kitchen
• Beautiful terrace with 40 seats

Floors:

• 8 fully equipped studios offering an interesting rental yield
• 1 apartment with 6.5 rooms, fully equipped

Outdoor areas:

• Total land area of approximately 1100 m2, including:
• Large parking lot
• Vegetable garden

This property represents a unique opportunity for an investor or a professional looking to develop a reception area in a very busy location.

Notes:

• The building was constructed in the 1900s but underwent major transformations in 1989 and more recently:
• The facades were renovated in 2023
• Windows were replaced in 2022
• Roof insulation in 2016
• Cold rooms were renovated in 2014
• Oil heating
• 5 studios were fully renovated and equipped with washing machines
• All furniture is included in the offer
• The current annual rental income is 128'800.-, offering a gross yield of 7.15%
• All studios and apartments are currently rented. The restaurant activity will resume in October with a new terrace financed by the tenant.

Do not hesitate to contact me for any information or visit at 077 405 02 36

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