Aalsmeerweg 41-H 1059 AB Amsterdam

**INVESTMENT OPPORTUNITY** Ground-floor retail space of approximately 111 m² GFA, located in Amsterdam Zuid near Hoofddorpplein and Vondelpark. The property is on own ground.

LOCATION
The Hoofddorpplein neighborhood in Amsterdam Zuid (formerly Oud-Zuid) is highly popular due to its ideal location near Vondelpark, the A10 & A4 highways, and its pleasant street atmosphere. Hoofddorpplein and Zeilstraat (the extension of Koninginneweg) are nearby. For a relaxing walk, you can visit Vondelpark, and for a night out, there are many cozy restaurants and cafés in the area.

HOMEOWNERS ASSOCIATION
The Homeowners Association consists of four apartment rights (one retail space and four residential units). The monthly service charges are approximately € 114. The association is professionally managed by VvE-tje.

INVESTMENT DETAILS
The retail space is currently leased for € 22.080 per year to an Indonesian takeaway shop. No VAT applies. The current tenant has been renting the space since December 2013. The existing lease agreement can be provided upon request.

ZONING
Aalsmeerweg is not designated as a shopping street but as a through-street. In such a street, retail, consumer-oriented services, social facilities, offices, and small-scale businesses are permitted. The first section of the street (up to the intersection with Rietwijkerstraat) is designated as a transition zone, where all ground-floor properties may have a non-residential function. The rest of the street is zoned as a through-street, meaning only existing non-residential functions are granted a mixed-use designation. Existing ground-floor residences remain designated as residential.

The character of Aalsmeerweg as an urban street can also be enhanced by other amenities beyond retail, such as small-scale businesses, offices, healthcare and welfare services, and other forms of service provision. This aligns with the ambition to develop Aalsmeerweg into an urban street without negatively impacting the functionality of traditional shopping streets. The condition is that spatial consequences remain limited, allowing for the integration of non-residential functions within residential buildings.

PARTICULARS
- Retail space of approximately 111 m² GFA (approximately 98 m² NFA) in Amsterdam Zuid;
- Investment property, currently leased for € 22.080 per year (no VAT applicable);
- Situated on own ground;
- Energylabel C;
- Sale on an “as is, where is” basis, including NEN clause, age and asbestos clause, and non-occupancy clause;
- Project notary: Legal Loyalty.