Tenement House for sale in the Old Town: Toruń

DESCRIPTION

The property for sale is a Tenement House in the heart of Torun Old Town. The property consists of the main building and annex. There are 5 offices and 9 flats in the property which are at the moment fully rented with the exception of 2 flats which are un-let. The current monthly income of the property in the current rental structure is PLN 9.000.

The property has 1 land register in the Court in Torun KW NO TO1T/00001502/6 (not separate land register for each of the flats).

The property has gothic elements on the front elevation, staircase and in some offices. All necessary conservation and renovation works have been done regularly on the building.

LOCATION

The property is located at Piekary 11 Street, 350 metres from the main Old Market in Torun,

The neighbouring properties are the Lithuanian embassy, lawyers’ offices, the notaries and swear translator’s office.

MEDIA

The property is connected with all services: electricity, gas, sewage and water. All flats and offices have individual bathrooms and toilets. All offices have gas heating with new ovens. 3 flats have gas heating, 2 flats have electric heating and the remaining flats have coal ovens.

Tenement House Description

Usable area: 589,44 m²

• 3 offices after thorough renovation, gas heating, new windows.
• 7 flats:
  • 2 protected tenants,
  • 1 tenant with eviction notice waiting for the flat from the council – to be delivered at the beginning of 2018
  • Other normal rental agreements for unlimited period with 3 months’ notice.
  • All flats have bathrooms.
  • There are coal ovens in 5 flats and electric heating in 2 flats.
• Basements available for tenants

Annex

Usable area: 346,49 m²

• 1 renovated office in the Gothic style
• 1 flat changed into office
• 2 flats with rental agreements for unlimited period with 3 months’ notice.
• Big basement with gothic elements which could be easily adapted for service establishment (club, café).

RENOVATION WORKS PERFORMED ON THE PROPERTY

Current owner have performed a set of significant renovation and conservation works which can be proved by appropriate documents and invoices.

There has been done an inventory of all of the flats and offices including basements. The documents will be disclosed to the potential buyers.

The following works have been done:

• Front building elevation– 2004,
• Renovation of the staircase in the Tenement House – 2010
• Renovation of the staircase in the Annexe – 2013
• Renovation of the roof and roof tiles – 2013
• Foundations insulation in the annexe – 2014
• Basement skylights cover – 2014
• Renovation of the annex – 2015
• Windows changed in 7 flats

SALE PROCESS

The property will be sold by signing a notary act. Preliminary agreement can be signed after paying 20% non-returnable advance payment and final agreement can be signed within one month time.

OWNERSHIP

There is a full ownership of the property. There are no loans or mortgages on the property.

VIEWING

Please contact our Agent to arrange viewing.

EWELINA KOSINSKA

Tel: +45 56 621 10 62

Mobile: +48 516 042 571

E-mail: e.kosinska@brown-co.pl

Rental Schedule

NO	AREA	FLOOR	TYPE OF PROPERTY	OCCUPANCY	STANDARD
1.	38,64	Ground	OFFICE	RENTAL AGREEMENT	VERY GOOD
2.	39,66	Ground	OFFICE	RENTAL AGREEMENT	VERY GOOD
3.	43,06	1st	FLAT	RENTAL AGREEMENT	TO RENOVATE
4.	47,61	1st	OFFICE	RENTAL AGREEMENT	VERY GOOD
5.	50,20	2nd	FLAT	PROTECTED TENANT	TO RENOVATE
6.	43,24	2nd	FLAT	RENTAL AGREEMENT	GOOD
7.	37,54	3rd	FLAT	EVICTION NOTICE	TO RENOVATE
8.	51,11	3rd	FLAT	EMPTY	TO RENOVATE
9.	54,65	4th	FLAT	PROTECTED TENANT	GOOD
10.	36,89	4th	FLAT	EMPTY	GOOD
11.	85,41	Annex ground + basement	OFFICE	RENTAL AGREEMENT	VERY GOOD
12.	51,85	Annex 1st	OFFICE	RENTAL AGREEMENT	VERY GOOD
13.	52,80	Annex 2nd	FLAT	RENTAL AGREEMENT	TO RENOVATE
14.	49,22	Annex 3rd	FLAT	RENTAL AGREEMENT	GOOD