This investment property in Veurne comprises a KMO unit complex on Industriepark I, with a reported distance of approximately 1 km from the E40. The complex contains 15 units ranging from 18 m² to approximately 413 m². Two units are fitted with a total of 20 self-storage containers. The property has a total land area of 4,629 m² and a built area of approximately 3,195 m². Built in 1975, the building was fully reconfigured in 2017, when the electrical installation and sectional doors were renewed and individual electricity and water meters were provided for each unit. The Dutch description states that the complex is almost fully let and has more than 30 separate users, with no single tenant described as dominant. Units are let under flexible agreements for the provision of storage space rather than commercial leases, with annual indexation; property tax and operating costs are passed on to users. Current rental income is approximately €105,350 per year, corresponding to a stated gross initial yield of approximately 6.0%. Additional potential is identified in vacant containers, an unlet upper floor and the photovoltaic installation, which is due to transfer to the building owner without charge when the building-right agreement expires in 2031. The site is fenced and has camera surveillance, an on-site 250 kVA high-voltage cabin, and a mix of unit-specific and shared access gates. The stated planning designation is industrial area, and the property is not located in a flood-prone area. Located in Veurne, this property is presented as an investment opportunity in small storage and KMO units. The listing states that VAT is not applicable; no sale price is provided. For further information or to arrange a viewing, please contact the seller on
Tel 050 700 102 or consult the listing through centro.be using reference Q0872.
* This text was generated using an artificial intelligence.