- landN/A*
- rooms10
- bedroomN/A*
- Area361 m²
- Construction1903
- ConditionNew
- ParkingN/A*
- bathroomN/A*
- Shower roomN/A*
- ExposureSouth-East
- HeatingElectric
- ToiletN/A*
- KitchenBare
House Lille (59)by barnes lille
HouseLille (59) Price : $1,770,000 ($4,903 / m²)
$1,770,000
($4,903 / m²)
Built in 1903 by architect Armand Lemay, who notably designed the iconic Hôtel Carlton, the property offers approximately 360 sqm over several levels. Formerly operated as a boutique hotel, the building was fully refurbished in 2023 to suit an aparthotel operation, comprising 10 bedrooms, functional communal areas, a terrace, a veranda, technical rooms and autonomous access.
The location is perfectly suited to business, leisure, short-stay and medium-stay clientele, with immediate proximity to the metro, quick access to Lille Europe, the city centre and the main routes across the metropolitan area.
The value of the operation lies in the sale of the freehold property, leased to a professional operator under a 3/6/9 commercial lease. This structure allows the buyer to acquire a tangible real estate asset that is already operational, with a single tenant, limited management requirements and clear visibility on rental income.
The lease terms further strengthen the attractiveness of the opportunity: a net yield of approximately 6% excluding running charges, rent payable quarterly in advance, and both charges and property tax covered by the operator.
This opportunity brings together several criteria that are rarely aligned: a character heritage asset, a location consistent with hotel use, an existing commercial lease, a professional operator, simplified management and an attractive yield.
An opportunity suited to an investor seeking a secure, transparent and already operational real estate investment.
Advertiser reference : 87118944CLe Figaro Properties reference : 109942481
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House Lille (59)
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