Restaurant for sale - 1920 Martigny

Municipality of Martigny - Café restaurant with studios and apartments very well located. Gross yield of 6.3 %

Located in a busy area in the municipality of Martigny, in the canton of Valais, this café-restaurant with studios and rental apartments offers exceptional potential for commercial, tourist, or rental operation. It rests on a plot of over 1100 m2, including parking, garden, and building, knowing that it can still be expanded.

Some studios require some updating work, but the building already has a solid structure, beautiful volumes, and a functional layout allowing for various operations.

Composition of the premises:

Lower level:

• Storage rooms
• Boiler room
• Cellars
• Cold rooms
• WC....

Ground floor:

• A café room with 50 seats and bar
• A restaurant room with pizza oven for 50 seats
• Complete professional kitchen
• Beautiful terrace with 40 seats

Floors:

• 8 fully equipped studios offering an interesting yield
• 1 fully equipped 6.5 room apartment

Exteriors:

• Total land of about 1100 m2, including:
• Large parking lot
• Vegetable garden

This property represents a unique opportunity for an investor or a professional wishing to develop a welcoming place in a very busy location.

Remarks:

• The building was built in the 1900s but underwent major transformations in 1989, and more recently:
• The facades were renovated in 2023
• Windows changed in 2022
• Roof insulation in 2016
• Cold rooms renovated in 2014
• Oil heating
• 5 studios have been completely renovated and are equipped with washing machines.
• All furniture is included in the offer
• Current monthly rental income of 11,400.- thus offering a gross yield of 6.3%. This monthly income can easily be pushed to 15,000.- thus offering a projected gross yield of 8.3%.
  All studios, apartments, and the restaurant are currently rented.

Don't hesitate to contact me for any information or visit at 077 405 02 35

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