Yield building in the center - 100% rented
The building is ideally located in the heart of Locle, at the corner of Henry-Grandjean street and France street, in a dynamic urban environment, close to amenities, public transport, and shops.
Classified as a UNESCO World Heritage site, the city of Locle represents an excellent compromise between residential calm and urban life.
This character building offers a great investment opportunity.
Built in the early 1900s, it stands out for its elegant facade adorned with moldings, its elevator, its outdoor parking spaces, and its overall good condition.
With mixed-use designation, the building is fully rented and consists of:
• 2 commercial premises on the ground floor, one of which is rented to an institution under a 99-year lease running until 2072.
• 8 apartments spread over the 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 building thus generates a solid and stable rental income, supported by full occupancy, with some tenants having been in place for several decades.
This property represents a certain heritage value, with still potential for medium-term development.
Nadine Ramel
Energy consumption
No dataGreenhouse gas emmissions
No dataRue Henry-Grandjean 2
2400 Le Locle (NE)