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URRUGNE 64122

URRUGNE – SALE OF LEASED COMMERCIAL PREMISES – PROFESSIONAL WAREHOUSE

  • area
    400 m2
Warehouse
660 000€

Presentation of the business assets : Warehouse for sale in URRUGNE

Christophe Castanchoa Latchere – Capifrance offers: URRUGNE – LEASED COMMERCIAL PREMISES – INVESTMENT ASSET For sale in the Urrugne area, commercial premises of a professional building used as a warehouse, located on a plot of approximately 746 m² including the building and its outdoor spaces. The property is offered occupied, under a 9-year commercial lease that took effect on May 11, 2022, allowing the buyer to immediately benefit from rental income. The lease allows for "all types of businesses," providing true versatility to this professional asset. The lease agreement for SCI FRED vs EURL FRED (registered).pdf The rent, initially set at €3,500 excluding VAT per month, was revised in May 2025 and is now €3,804 excluding VAT per month, representing €45,648 excluding VAT in annual rental income. The August rent invoice for SCI FRED.pdf Based on the market price, this investment offers a gross yield of approximately 6.9%, making it an attractive opportunity for an investor looking to acquire a commercial property already leased in the Basque Country. The file also includes information regarding a proposed modification and extension of the building, allowing for an assessment of the site's potential. November 17, 2020 PC 2 SARL FRED light.pdf Sale price: €660,000 (agency fees included) Net seller price: €620,000 Agency fees: €40,000 payable by the buyer. A complete file, commercial lease, and financial information will be provided after discussion and review of the acquisition project. /!\ IMPORTANT – FINANCING All viewings will be arranged subject to a solid and finalized financing plan. Supporting documents will be required before any offer is submitted to the owner. Agency fees are payable by the buyer, amounting to 6.45% including VAT of the price excluding fees.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 660 000 €
Price excluding fees 620 000 €
Fees payable by the buyer are 6.45% all taxes included

To view the fee schedule : click here

Location of the business assets : Warehouse for sale in URRUGNE

64122 URRUGNE

Features of this property :

340 933 363 649
6
400
660 000 €

Capifrance advisor in charge of this property

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FAQ
The Capifrance team answers your frequently asked questions:

Investing in commercial properties can offer several attractive advantages for investors. Here are some reasons why this type of investment can be appealing:

High returns
Tenant stability: Businesses tend to sign long-term leases (often between 3 and 9 years). This provides stable rental income over the long term and reduces the risk of vacancy.
Property appreciation: Commercial properties can increase in value over time, especially if they are located in developing areas or thriving business districts.
Diversification opportunities: Investing in commercial properties allows for the diversification of an investment portfolio. This helps reduce risks by spreading investments across different types of real estate assets (offices, retail spaces, warehouses, etc.).
Less daily management: Compared to managing residential properties, commercial properties require less daily management. Tenant businesses are generally responsible for routine maintenance.

There is no tacit renewal. The tenant must request the renewal of the lease 6 months before the lease's expiration. This request cannot be refused.

In the case of tacit extension, the conditions of the initial lease continue to apply, but the parties can terminate the lease at any time, subject to a notice period. The terms of the lease (rent, charges, etc.) continue to apply. If the lease duration exceeds 12 years, the landlord can uncap the rent (i.e., the rent will be set at the market rental value commonly practiced in the vicinity).

Valuing a business requires a comprehensive approach, taking into account the financial, commercial, material, and immaterial aspects of the company. Consulting a specialist in business valuation can also help to obtain an accurate and professional estimate.

Do you need advice for your real estate project? Contact a Capifrance advisor

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Christophe CASTANCHOA - LATCHERE
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