Prestigious investment property in the city centre

Engel & Völkers offers you this prestigious, fully renovated investment property, built on a 1a06ca plot. Located in the heart of Luxembourg city centre, the building, currently occupied by a restaurant, comprises 5 levels and has a total surface area of ±292,9 sqm, distributed as follows: The ground floor of ±72.6 sqm is equipped with a counter/bar, a professional kitchen and has enough space to seat approx. 40 customers. The first floor (±65.2 sqm), offers additional space and possibilities. It also has a bar/counter and a dumbwaiter linking the ground floor to the first floor. The 2nd floor and attic have been partitioned to form a separate/private living space. On the 2nd floor there is a studio with a kitchen and shower room (±49.7 sqm) and a laundry room. The attic also has a studio with kitchen and shower room (±33.3 sqm). In addition, there are a total of 5 separate toilets throughout the building. The basement is currently equipped with refrigeration and freezer cells for food storage. It is possible to use the vaulted cellar for other purposes, for example as a catering room or wine cellar/tasting room. The building was refurbished in 2020, with double-glazed wooden windows, imitation wood, laminate and vinyl tiled floors, gas heating and the façade of the building insulated and painted. The building also meets fire standards (fire doors, emergency exits, ventilation system throughout the building, smoke extraction). Total rental income (excluding charges) is currently €9,000/month.