SIERRE - 2'200 M2 INDUSTRIAL HALL WITH TRANSFORMATION PROJECT

Located in the industrial zone of Ile Falcon, in the immediate vicinity of Sierre's axes, this metal construction hall built in 2003 is currently in a raw state. It is sold with a transformation project already authorized. The project includes: peripheral insulation, interior rearrangement on two levels (spaces for small craftsmen and production, office open-space on the upper floor), an industrial elevator, and a self-service washing station. These works are to be carried out by the buyer, who remains free to choose their contractors (project free of architect and construction manager mandate). Strategic location in one of the main economic areas of central Valais, on an axis in full development, just a few minutes from the highway exit and Sierre train station. Authorized transformation project The permit in force provides for the complete reorganization of the surfaces with the creation of: 7 large storage spaces on the ground floor 2 large storage spaces on the upper floor 1 vast office open-space This configuration allows for great flexibility in operation as well as diversification of tenants, contributing to the security of rental income. Attractive rental potential The project develops approximately 2,200 m² of rental surfaces. Based on an estimated market rent of CHF 140.-/m²/year, as well as additional income from parking spaces of approximately CHF 25,000.- per year, the projected annual rental income without charges is approximately CHF 350,000.-. With an estimated total investment cost of approximately CHF 4.6 million, including acquisition and transformation work, the projected net return without charges is approximately 7.6%, a particularly attractive level for this type of real estate. Sales conditions Sales price: CHF 3,500,000.- The price includes the entire property as well as the permit in force allowing for the immediate realization of the transformation project. Visit only in the presence and/or with the prior agreement of Coldwell Banker Swiss Riviera. No document may be transmitted to third parties without authorization.