Restaurant for sale - 1920 Martigny

Yield building with café-restaurant, studios, and parking. Gross yield 6.3%
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 operations. 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
* Toilets?.

Ground floor:

* A café room with 50 seats with a bar
* A restaurant room with a pizza oven with 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.

Feel free to contact me for any information or visit

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