Grande Avenue 5, 3965 Chippis, Switzerland, Chippis, Valais 3965

This commercial space is located in the heart of Chippis in a building built in 1969 at Grande Avenue 5, which is the shopping street of Chippis. Access by car is really easy, with more than 100 public parking spaces available within 150 meters. The property has an east/west orientation, with high ceilings and a nice volume in one piece (1 single load-bearing pillar). Many renovations have been carried out, including the replacement of the windows, the false ceiling, the renovation of the sanitary facilities, the addition of air conditioning, etc. The premises have a gross living area (with walls) of 103 m2. It is organized as follows by considering the net living areas (sweepable): A contiguous commercial space of 93 m2, A shower room and storage of 3 m2. The condominium charges are low (~2'200 CHF per year, i.e. ~ 21 CHF/m2 and year) and the property is currently rented for 1'600.- CHF per month. The return on equity, taking into account net income (deduction of tenant and owner charges, building and specific renovation fund for premises, notary fees, etc.) exceeds 7%.