Operating Mill with Income!!
€424,000
1 bathroom - 403m² land for sale in Lot-et-Garonne, Aquitaine, France
Property Location: Aquitaine > Lot-et-Garonne > Allemans-du-Dropt
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Property Details
MAIN CHARACTERISTICS
FULL DESCRIPTION
Renovate this stunning riverside property, walkable into a popular village, whilst making money!
This historic hydraulic water mill, dating back to 1490 and with a lifetime right to the water, continues to generate electricity sold back to EDF under contract, currently offering an annual resale of 24.500€.
It is also possible to install solar panels for additional electricity resale (subject to necessary permissions).
All the machinery and equipment have been recently renovated, serviced annually.
The mill has a 24KW and 36KW turbine as well as electric meters completely refurbished.
The mill is composed of 5 rooms for a total space of 500m². There are also two terraces, a garage and parking spaces to park in front of the mill.
The environment is very peaceful and there is a real potential for development either into one dwelling, or two amazing apartments!
Price including agency fees : 424 000 €
Price excluding agency fees : 400 000 €
Buyer commission included: 6 %
- - Habitable Area: 54m² (581 sqft)
- - Land: 403m² (4337 sqft)
- 1 bathroom
- - Price: €424,000 Agency Fees included
- - Price per m²: €7,852
- - Average price in the Lot-et-Garonne : 1276 € /m²*
- - Region: Aquitaine
- - Department: Lot-et-Garonne
- - Heating: unknown
FULL DESCRIPTION
Renovate this stunning riverside property, walkable into a popular village, whilst making money!
This historic hydraulic water mill, dating back to 1490 and with a lifetime right to the water, continues to generate electricity sold back to EDF under contract, currently offering an annual resale of 24.500€.
It is also possible to install solar panels for additional electricity resale (subject to necessary permissions).
All the machinery and equipment have been recently renovated, serviced annually.
The mill has a 24KW and 36KW turbine as well as electric meters completely refurbished.
The mill is composed of 5 rooms for a total space of 500m². There are also two terraces, a garage and parking spaces to park in front of the mill.
The environment is very peaceful and there is a real potential for development either into one dwelling, or two amazing apartments!
Price including agency fees : 424 000 €
Price excluding agency fees : 400 000 €
Buyer commission included: 6 %
Allemans-du-Dropt-Aquitaine, Lot-et-Garonne
Location : Lot-et-Garonne
LOCAL AREA
The Lot and Garonne is a wealthy department in the Aquitaine – Limousin – Poitou Charentes region of France, due to its fertile land. Famous for the Pruneaux d’Agen which dates back to the 15th Century, the Lot and Garonne also produces rich wines such as Duras and Buzet to name and Armagnac to the south of the department. Foie gras and duck that is also ever present in the South West of France. Quite country roads will lead you to medieval villages and sunflower fields, doted amongst the gently rolling countryside, whilst to the west Le Lands forest is planted in sand.
https://www.guide-du-lot-et-garonne.com
Seller
RefRowProperty Reference: 4732a-BVI67210
Beaux Villages Immobilier3 rue Porte des Fontaines
33589 Monsègur
Contact: Tracy Faulkner
Tel: +33 (0)5 56 71 36 59
ABOUT THE AGENT
Beaux Villages Immobilier is an award-winning real estate agency dedicated to helping people find their dream homes in France. Our multilingual and multicultural team provides a personalised and tailored service to thousands of international clients each week.
Founded in 2008, BVI has grown year-on-year and currently operates from over 22 agencies across south-west France, maintaining a strong local presence in many local communities, whilst providing a high level of service and expertise on the international stage.
As France is a highly popular destination for property buyers, particularly in the picturesque villages and towns where many of our teams are based, BVI is perfectly positioned as the first port of call for those seeking to begin a new adventure in their perfect home.
Our expertise within the French real-estate sector, coupled with a genuine passion for what we do is something we share generously with our clients and vendors alike, so, if you are looking for your ideal home, or wish to sell, please get in touch - we’ll be delighted to help
ASK A QUESTION ABOUT THIS PROPERTY
Seller
Property Reference: 4732a-BVI67210
Beaux Villages Immobilier3 rue Porte des Fontaines
33589 Monsègur
Contact: Tracy Faulkner
Tel: +33 (0)5 56 71 36 59
Location : Lot-et-Garonne
