Historic houses in the heart of Villmergen

Here is the opportunity to become the proud owner of historic properties. The locally characteristic bistro "Güggibueb" and the adjacent, former Elsbethhaus, are for sale.

The properties, built in the 19th century, have been gradually renovated over the years and are in a good, well-maintained condition. Since both buildings are subject to the "Inventory of Protected Townscapes in Switzerland (ISOS)", they cannot be demolished.

Building No. 98 contains eight permanently rented guest rooms as well as the bistro "Güggibueb". Furthermore, the spacious attic is prepared for the construction of additional 3-4 rooms.

Regarding history: The building with late classical-Biedermeier characteristics, prominently oriented towards the Löwenplatz, is a defining part of an early industrial building group. In the 1875 fire catalog, it is listed as a "residential building with vaulted and tremble cellar" in the hands of hat manufacturer Martin Meyer and was used as a factory owner's house.

Building No. 99 contains two studios (ground floor), a 5.5-room apartment (high ground floor), a 4.5-room apartment (upper ground floor), and a 3.5-room apartment (attic).

Regarding history: Southeast of building No. 98, immediately adjacent to the Erusbach, is the former factory building, which was converted for residential use and once housed the production facilities.

The property includes 17 parking spaces and two garages. On the opposite parcel No. 4397, there is also a right to use 5 additional parking spaces.

Except for the bistro, which has been refreshed, all units are rented. The gross return has been between 5.4-6.4% over the last three years. With the leasing of the bistro (30 indoor and 30 outdoor seats), the return can be increased. A leaseholder is already available. Of course, there is also the possibility of commercial reuse.

The houses are surrounded by a beautiful green area with a lovely pergola in the garden restaurant, directly on the idyllic Erusbach.

If the short description has sparked your interest, I would be happy to invite you to a personal viewing after submitting proof of financing.

I look forward to your contact.

Your real estate advisor

Irene Pfister

 

 

5612 Villmergen is located in the Bremgarten district, in the canton of Aargau. The population in the political municipality of Villmergen has changed by an average of +2.1% per year over the last five years to 8,132 inhabitants (as of December 31, 2023). The tax burden is 11.2% (canton: 11.3%). Over the last five years, the municipality has averaged an annual residential construction activity of 1.0%, while the vacancy rate is currently 0.9% (as of June 1, 2024). Real estate prices have changed by +28.4% over the last five years (canton: +24.0%).