Property complex in the heart of Bagnères-de-Bigorre
Avenue Jacques Soubielle, Bagnères-de-Bigorre (65200)
Description
PROPERTY COMPLEX WITH STRONG POTENTIAL FOR ADDED VALUE. In the heart of Bagnères-de-Bigorre, a renowned spa town, sought-after tourist destination and growing hub of attraction for workers and spa guests — discover this property complex of approximately 260 m2 of living space (380 m2 of usable area). Currently in single ownership, this property offers complete freedom of management, layout and financial strategy. The building combines immediate income and reserves for future added value. 1. MAIN BUILDING ON THE STREET (3 levels). Ground floor — Commercial walls + annexe. Commercial unit: excellent ground-level location on a busy thoroughfare. 3/6/9 commercial lease running for 7 years. Rent: 350 EUR/month including charges (300 EUR excluding charges + 50 EUR charges). Secure and lasting income. Storeroom / annexe: gross area to be fully rehabilitated, offering the possibility of creating an additional dwelling or extending the commercial space. With garden access. 1st floor — Two apartments with terraces. T3 apartment (approx. 72 m2): in very good general condition, rational layout with living area, two bedrooms, shower room and shared terrace. Town gas heating. Currently let furnished (1-year lease) at 750 EUR/month including charges (700 EUR excluding charges). Immediate yield in perfect condition. T2 apartment (approx. 55 m2): vacant. Comprises a living area with kitchen, a bedroom, a bathroom and a shared terrace. Full renovation to be planned to reveal its full rental or resale potential. 2nd floor — T3 (approx. 80 m2) + convertible attic. T3 apartment: spacious and bright, having benefited from a complete, quality renovation, comprising a vast living area, two bedrooms, separate kitchen and shower room. Town gas heating, very good general condition (vacant). Attic volume: gross area easily accessible with its independent entrance, ideal for creating additional floor area and maximising the value per square metre. 2. OUTBUILDINGS AT THE BACK OF THE COURTYARD. Independent workshop (approx. 90 m2 floor area): building of raw character (enclosure/roofing and utilities to be planned) opening onto a small garden. A rare plot in the heart of town that lets you imagine an exceptional loft or tourist/spa-guest accommodation with very high yield. RENTAL VALUE AND POSSIBILITY OF SUBDIVISION. Rental yield: the building already generates some stable rental income while retaining more than half of its usable area to be developed and let. The Bagnères market is buoyant and benefits from sustained rental demand all year round (seasonal workers, spa guests, permanent residents). Buy-and-resell strategy / subdivision into condominium: a costed quote for measurement, surveyor and condominium creation has already been carried out. You have all the keys to orchestrate a lot-by-lot resale in due course and realise a significant capital gain. Buoyant market: Bagnères-de-Bigorre benefits from sustained rental demand all year round (seasonal workers, spa guests, permanent residents). Virtual tour available on request!
Characteristics
Surfaces
Living area
260 m²
Interior
Rooms
16
Location
Department
Hautes-Pyrénées
Country
FR
Energy
The energy performance certificate (EPC/DPE) isn't available for this property.