Operating Mill with Income!!

Near ALLEMANS-DU-DROPT, Lot-et-Garonne

DEPT
47
REF No.
MFP58382
PRICE
€ 424 000

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OVERVIEW

Operating Mill with Income!!

KEY POINTS

Bedrooms 0  
Bathrooms 1  
Land Area 403 m²  
Surface 54 m²  
Heating  
Drainage  

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 %

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