FOR INVESTMENT - DIRECT FROM OWNER

** DIRECT FROM THE OWNER ** - HASSELT TT CENTER - 6,970sqm (excluding common areas) mainly on the 1st floor, of which 5,849sqm is rented (including 91sqm rented on ground floor) and 1,121sqm still available for rent.

Current indexed rental income = €438,471 excluding rent-free periods + expected rental income on the vacant units (€85,000/year) = €523.471 excluding charges.

From this amount, the future owner will have to deduct an annual fee payable to the City of Hasselt and a contractual contribution towards site costs, resulting in net rental income of €450,000.

The tenants on the +1 floor are:

- O' Learys leases an area of 4,022sqm (ground floor 91sqm + first floor 3,931sqm). O'Learys is a Swedish franchise with 2 branches in Belgium. The American sports bar concept combines a restaurant and bar with activities such as bowling alleys, karaoke, arcade games and pool. Commercial lease: start 15/04/2022 and end 14/04/2031.

- MONK leases an area of 1,827sqm. MONK is a Dutch Boulder gym chain with branches in Rotterdam and Eindhoven. Commercial lease: start on 01/01/2023 and end on 31/12/2032.

Sale price : €7,500,000. Gross yield : 6.98% (including rented vacant units).

There is an underground public parking with 520 parking spaces.
EPB in progress. Asbestos inventory : received.

For more information, please contact our representative Steven Sagman on click here or by email on click here

(Ref. : HTTC – Invest +1)