- landN/A*
- roomN/A*
- bedroomN/A*
- Area620 m²
- ConstructionN/A*
- ConditionN/A*
- ParkingN/A*
- bathroomN/A*
- Shower roomN/A*
- ExposureN/A*
- HeatingN/A*
- ToiletN/A*
- KitchenN/A*
Property Centre Ville - La Rochelle (17)by rochelle île de ré sotheby's international realty
PropertyCentre Ville - La Rochelle (17) Price : $2,051,700 ($3,309 / m²)
$2,051,700
($3,309 / m²)
With a total area of 620 m², this iconic location includes a main hall, a balcony, loges, and offices. Its capacity of 270 seats makes it an ideal space for live performances, screenings, or various events, with an exclusively cultural use. The trademarks Olympia La Rochelle, Olympia Spectacle La Rochelle, and Olympia Cinéma La Rochelle give this venue a unique and recognized identity.
The acquisition price is €1,785,000 including agency fees (land in its current state). Renovation works are expected to cost €1,130,000 excluding tax (VAT recoverable), including restoration of the listed Historical Monument decor as well as waterproofing and air-tightness works. This investment also offers attractive tax benefits, with the possibility of deducting the works from the overall income with no limit on the amount due to the Historical Monument status. Moreover, the annual rent is estimated at €150,000 excluding tax, thus enhancing its appeal as a rental investment.
Located in the very center of La Rochelle, this property benefits from an exceptional location that ensures high visibility and a strong attraction for a varied and sought-after cultural programming. We are also looking for an operator who can maximize the potential of this prestigious venue.
Seize this unique opportunity to invest in an exceptional architectural and cultural heritage while benefiting from attractive tax advantages. For more information, contact us today.
This description has been automatically translated from French.
Advertiser reference : VP2-1160Le Figaro Properties reference : 79012024
Its assets
- Near train station
- Near Airport
In detail
* : Information not provided by the advertiser
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Property Centre Ville - La Rochelle (17)
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