<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>
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