Agency logo

Kamienica, Torun, Poland

10,440 sq ft, Guide price £250,000

For sale

Tenement House for sale in the Old Town: Torun
Usable Area: 970 m2 (GLA 638 m2)

CHARACTERISTICS
Located in the heart of the Old Town in close proximity to all main attractions 3 offices and 11 flats plus gothic basement in the annex Regular programme of improvements have meant in excess of Pln 200,000 has been re-invested since 2007. Ideal location for services, apartments or offices Actual Rental Income of 5.38% Gross Yield (12 months to July 2014)


LOCATION
The property is located at 11 Piekary Street, 350 metres from the main Old Market in Torun. The neighbouring properties are the Lithuanian consul, lawyers' offices, notaries and translator's office.

DESCRIPTION
The property for sale…

Tenement House for sale in the Old Town: Torun
Usable Area: 970 m2 (GLA 638 m2)

CHARACTERISTICS
Located in the heart of the Old Town in close proximity to all main attractions 3 offices and 11 flats plus gothic basement in the annex Regular programme of improvements have meant in excess of Pln 200,000 has been re-invested since 2007. Ideal location for services, apartments or offices Actual Rental Income of 5.38% Gross Yield (12 months to July 2014)


LOCATION
The property is located at 11 Piekary Street, 350 metres from the main Old Market in Torun. The neighbouring properties are the Lithuanian consul, lawyers' offices, notaries and translator's office.

DESCRIPTION
The property for sale is a Tenement House in the heart of Torun Old Town. The property consists of the main building fronting Piekary with an annex to the rear. There are 3 offices and 11 flats in the property of which 12 are currently let. The gross monthly rental income of the property is currently in the region of PLN 10,000.
The entire property is held under one registered title reference KW NO TO1T/00001502/6.
The property has gothic elements to the front elevation, staircase and some of the offices. Since 2007 over PLN 200,000 has been invested in a regular program of maintenance and improvements. All necessary conservation works are currently up to date.

TERMS
The property will be sold by private treaty either through the sale of the property or through the sale of 100% of the shares in the SPV that holds the property. It is envisaged that a preliminary contract will be signed on payment of a 20% non-refundable deposit with completion post any Due Diligence being undertaken by the purchaser.

Read more »

Make enquiry

You are enquiring about: Kamienica, Torun, Poland Guide price £250,000

By submitting this form you are agreeing to our website terms and conditions, and consenting to cookies being stored on your computer.

Arrange a viewing

Contact Ewelina Kosinka

How do I find out about the latest properties?

Register with us and we will email you properties matching your search requirements.

Go