Operating Mill with Income!!, Lot-et-Garonne, Nouvelle Aquitaine
€424,000
[convert]
54m2
Agent
Key Features
Property 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 %
Primary Energy Consumption (kWh/m2/year) For This Property
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