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Normandy, Orne, Argentan, France

£1,925,267
€2,226,000
Leggett Immobilier, France
PROPERTY TYPE

House

SIZE

16,899 sq ft

1,570 sq m

Key features

  • 0-2 km to amenities
  • Mains Drains
  • Electric central heating boiler
  • Mains
  • Town property
  • Electricity on site
  • Good condition
  • Business potential
  • City property

Description

A43065YAL61 - ARGENTAN (61) – PRIME LOCATION – RARE COMMERCIAL PROPERTY FOR SALE

COMMERCIAL PREMISES &/or BUSINESS ASSETS

LEGGETT Immobilier International is offering a rare commercial investment opportunity in the heart of ARGENTAN (Orne), occupying one of the best retail locations in the town.

Located on Argentan’s main shopping street, this commercial and real estate complex benefits from excellent visibility, strong pedestrian traffic, a dynamic retail environment and a catchment area estimated at more than 40,000 inhabitants.

The property is currently operated under a well-established retail brand, as a multi-sector concept store with an already structured and immediately operational business activity.

PRIME LOCATION
* Argentan town centre
* Main commercial shopping street
* Immediate proximity to numerous national and local retailers
* Walking distance to SNCF train station
* Quick access to the A88 motorway
* Free public parking nearby
* Private parking area

DESCRIPTION OF THE COMMERCIAL PROPERTY
The property offers approximately 1,700 sqm of usable space distributed across several commercial and technical areas.
The premises notably include:
* Main retail area facing the street
* Storage and logistics areas
* Delivery access areas
* Kitchen, staff and sanitary facilities

Features:
* Recent renovation works
* New joinery and windows
* Commercial display windows
* Heating and air conditioning via heat pumps
* Easy delivery access

Ideal configuration for:
* home improvement / homeware
* discount retail
* sports & leisure
* fashion / textile
* specialised food retail
* garden centre / pet retail
* national brands or franchise operations

BUSINESS ASSETS
The business sale includes:
Intangible assets:
* brand/trading name
* customer base and goodwill
* commercial name
* leasehold rights
* existing business activity
Tangible assets:
* commercial furniture
* fittings and fixtures
* operating equipment
* inventory / stock (subject to inventory valuation)

Business Activity:
Multi-product retail business including homeware, decoration, textiles, accessories and various retail products.

COMMERCIAL LEASE
The business benefits from an ongoing commercial lease (3/6/9 format):

Lease expiry date: 31 May 2031
* Current rent: €5,100 excl. VAT / month
* Broad authorised commercial use
* Annual ILC indexation

OPERATING FIGURES
Financial information and trading figures available upon request.

Strong seasonal performance with significant turnover peaks during the final quarter of the year, particularly over the Christmas trading period.

RARE INVESTMENT OPPORTUNITY
This asset represents an outstanding opportunity for:

commercial investors
* national retail brands
* retail groups
* family offices
* independent operators
* franchise groups
* commercial property investment companies

Full sales pack, accounts, commercial lease and additional information available after initial discussions and signature of a confidentiality agreement.

Brochures

Brochure 1

Normandy, Orne, Argentan, France

Approximate location
Open map

NEAREST AIRPORTS

Distances are straight line measurements
  • Caen (Carpiquet)(International)
    37.1 miles
  • Le Havre (Octeville)(International)
    56.2 miles
  • Rennes (St-Jacques)(International)
    91.3 miles
  • Cherbourg (Maupertus)(International)
    92.0 miles
  • Dinard (Pleurtuit)(International)
    95.0 miles

Advice on buying French property

Learn everything you need to know to successfully find and buy a property in France.

About Leggett Immobilier, France

La Maison du Chapitre, 24340 La Rochebeaucourt, France

Leggett Immobilier is a family business that was started 20 years ago and founded on the genuine belief that French estate agency could be done better – today this still holds true. Indeed, this belief was validated last year when we were crowned "Best Estate Agency in France" at a prestigious awards ceremony in London.

All of our agents live and work in France and have excellent local knowledge, covering both their area and local property prices. Clients are given a single point of contact who is dedicated to helping them make the right decision and to be by their side throughout the purchase process. Our in-house contracts team are experienced in dealing with local notaires and have overseen the purchase of over €1bn of French property - they will ensure that the sale progresses smoothly and our fully bilingual team will guide you through all legal documentation.

With over 600 agents spread across the country we like to think that we are now the leading international estate agency in France, last year around one in ten of all UK buyers of French property trusted us to help them. However, the company’s size and success has not altered the fact that we are a family business who pride ourselves on professionalism and friendliness.

Local knowledge is invaluable when buying in a foreign country. Leggett provides this knowledge - nearly all of our agents have lived through a move themselves and have been trained to deal with any issue or question that might arise. This training includes a three day, residential, course, further "advanced" training and access to our head office team who keep abreast of all changes in French property law and legislation.

It is this, unique, “hand-holding” approach that has helped build the foundations of our company. No other agency in France takes such care of a client before, during and after a property is purchased.

The system for buying a property in France can be complex but is regarded as being one of the safest in the world – the French like "red tape" but not much surprises us now.

With over 20 years of experience, we have the knowledge to aid with legal matters, help with finance, and even ensure that you have all the essential services connected when you make the move to your new home.

Leggett Immobilier - local knowledge you can trust.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Leggett Immobilier, France (reference A43065YAL61) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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