Commercial space 67 m² for sale Castelmaurou - €165,000

The selling price of the commercial space is set at €165,000 for an area of 67 m², which translates to a price per m² of €2,463 (€165,000 / 67 m²). Based on average public data for the sector, the average price of commercial spaces in Castelmaurou is estimated at around €2,500 per m². Thus, this property is slightly below the market median, which may represent an advantage for an investor.

In terms of trend, commercial space prices in the region have increased by about 5% over the last 12 months, according to data from the DVF (Demand for Land Value). This trend is supported by a growing demand for commercial spaces in dynamic areas like Castelmaurou, which benefits from its proximity to Toulouse.

For the acquisition of this commercial space, notary fees are estimated between 7% and 8% of the selling price, amounting to approximately €11,550 to €13,200 (calculation based on the selling price of €165,000). This brings the total acquisition cost to approximately €176,550 to €178,200.

Considering a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€16,500), the borrowed amount would be €148,500. Monthly payments would be around €868 (calculation based on a loan simulator).

For an investor, the gross rental yield can be estimated at around 8% if the monthly rent is €1,100 (estimate based on sector rents). The net cash flow after deducting operating expenses and taxes could be around €600 per month.

The DPE (Energy Performance Diagnosis) of the commercial space is classified as D, indicating an estimated annual energy consumption of about 230 kWh/m². The annual energy cost can be estimated at around €1,500 (calculation based on an average rate of €0.15/kWh).

According to the Climate & Resilience law, properties classified as F or G can no longer be rented starting in 2025, highlighting the importance of improving energy performance. Assistance such as MaPrimeRénov' and Energy Saving Certificates (CEE) can be mobilized to finance renovation work, with amounts ranging from €1,500 to €5,000 depending on the work carried out.

The commercial space is located in Castelmaurou, near Toulouse, ensuring good accessibility. Public transport, including bus lines, is less than 5 minutes on foot.

The immediate environment includes several shops, enhancing the attractiveness of the location. The neighborhood's demographics are dynamic, with a median income of about €2,500 per month, which is above the national average.

The quality of life is also appreciated, with green spaces nearby and a low crime rate, attracting potential customers for the bar-PMU.

The commercial space is located in a low flood risk area, according to Géorisques data. However, it is important to check for any easements that may affect the use of the space.

Regarding the PLU (Local Urban Plan), it is essential to ensure that the bar-PMU activity complies with local regulations. Additionally, the mandatory diagnosis must be up to date, including asbestos and lead, to ensure the safety of customers and employees.

Compared to other commercial spaces in the region, this property is slightly below the market median in terms of price per m². Similar properties in the area sell for between €2,500 and €3,000 per m², depending on characteristics and location.

The advantages of this space include its current rental situation, which guarantees immediate income, and its proximity to other shops. On the other hand, disadvantages may include the need for renovation work to improve energy performance.