Investment building
Rue Henry-Grandjean 2, 2400 Le Locle
Revenue-generating building in the center - 100% rented
The building is ideally located in the heart of Le Locle, at the corner of Rue Henry-Grandjean and Rue de France, in a dynamic urban environment, close to amenities, public transport and shops. The town of Le Locle, a UNESCO World Heritage Site, offers an excellent compromise between residential tranquillity and urban life. This building with character offers an excellent investment opportunity. Built in the early 1900s, it stands out for its elegant façade with mouldings, its lift, its outdoor parking spaces and its good overall condition. The mixed-use building is fully let and comprises: • 2 commercial premises on the ground floor, one of which is let to an institutional tenant under a 99-year lease that will run until 2072. • 8 apartments on the upper floors, some of which have been recently renovated. • 6 outdoor parking spaces. Central gas heating, with the possibility of immediate connection to district heating. Annual rental income: CHF 147,525 (yield of 5.7%) The...