Commercial and Residential Building Lucerne, Switzerland

<p>Located in the center of Lucerne this high street mixed use residential and commercial building was extensively refurbished from 2018-2020</p> <p>The refurbishment included new services in the basement to include but not limited to heat generation, transformer, electrical distribution.</p> <p>The new skeleton with construction of the building shell has ensured maximum flexibility of the rental space to include functional delivery area with goods lift for retailers. </p> <p>The new building envelope has been constructed in accordance with contemporary energy standards and included new interior fittings, sanitary installations, kitchens, pipes, surfaces. </p> <p>Producing 1.85m CHF with a net initial yield of 2.6%.</p> <p>The property is situated in Kapellgasse, in the centre of Lucerne and directly on Kapellplatz, one of the most-frequented shopping streets in the historic core. Due to its excellent location, the property benefits from a high degree of visibility. Schwanenplatz, the focal point for tourists from all over the world, is only a few minutes’ walk away from the property.</p> <p>For more details please speak with our Private Client Office. </p> <p> </p>