Operating Mill with Income!!
- Reference: BVI67210
- Property Type: House
- Status: Available
- Location: 47800, Allemans-Du-Dropt, Lot-Et-Garonne, Nouvelle-Aquitaine
- Land Space: 403 m2
- Sale Price: €424,000
- Bathrooms: 1
- Agent Fees Included? Yes
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 %