Object in Lot-et-Garonne, Nouvelle-Aquitaine

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 %

Characteristics

Location

This object is in Allemans-du-Dropt (47800), in Lot-et-Garonne (region Nouvelle-Aquitaine).