Shares in a three-storey property company – versatile property, 451 m², Imatra

FOR SALE: ALL SHARES IN KIINTEISTÖ OY IMATRAN ASTRA – THREE-STOREY BUILDING AND SPACIOUS YARD IN IMATRA

PROPERTY DESCRIPTION

All shares in Kiinteistö Oy Imatran Astra, at Helsingintie 30, 55100 Imatra, are for sale. The sale includes the shares owned by both shareholders. The three-storey building and spacious yard offer opportunities for an entrepreneur, investor or buyer seeking premises for their own use. The auction starting price is EUR 50,000.

The company owns a three-storey building. According to the areas provided by the seller, the building contains approximately 451 m² of space in total. The middle floor accounts for approximately 155 m², the basement/ground floor approximately 201 m² and the top-floor flat approximately 95 m². The areas are indicative and have not been measured for verification.

The sale concerns all shares in the property company. The rights of possession generated by the shares are set out in the articles of association. The release of the premises and transfer of possession will be agreed in connection with the sale.

SPACIOUS YARD

The building has a large yard, providing space and broadening the possible uses of the property. The use and arrangement of the yard can be planned according to the buyer’s needs, taking the site’s characteristics and applicable regulations into account.

TOP FLOOR – APPROX. 95 M²

The top floor contains an approximately 95 m² flat. It offers the possibility of combining residential use with the use of the building’s other premises, or planning the property for rental use. The date on which the flat will become available will be agreed separately.

MIDDLE FLOOR – APPROX. 155 M²

The middle floor has previously been used as office and residential premises and as seven-room accommodation. The space offers a basis for various solutions according to the buyer’s needs. Continuing operations or changing the intended use requires clarification of the permits and official requirements.

BASEMENT/GROUND FLOOR – APPROX. 201 M²

The basement/ground floor contains approximately 201 m², including the extension. The premises have previously been used as a garage and hobby space by a motorcycle club. They may be suitable, for example, for storage or hobbies. Other possible uses will be assessed based on the characteristics of the premises and their approved intended use.

CONDITION OF THE BUILDING

The building has renovation and maintenance needs related to its age and use. Known works include exterior painting, repairing the rainwater drainage system and possible additional roof repairs.

Traces of water leaks have been observed in two places. According to the seller, the roof was repaired in late summer 2026. The adequacy of the repairs and any need for further structural investigations and repairs still require clarification.

COMPANY FINANCES AND MAINTENANCE

The company’s finances require strengthening its liquidity and arranging funding for the property’s maintenance. There have been delays in collecting maintenance charge receivables, and matters concerning liability and payment arrangements for some receivables are under review. According to the seller, the property’s operating costs have been paid, but funding for heating from 1 November 2026 must be arranged separately.

The available information does not confirm that the company has been declared bankrupt. The up-to-date financial information and stage of the proceedings will be clarified for the buyer before a binding offer is made.

SHARES AND CONTENT OF THE SALE

The shares have been used as security for a bank loan. The release of the pledge and delivery of the share certificates will be agreed with the bank as part of the sale arrangements.

The sale concerns the property company’s shares. Whether any movable property is included in the sale will be agreed separately with its owner.

VIEWING THE PROPERTY

The property offers an opportunity to develop the existing premises for own use or rental, taking the building and company’s circumstances into account.

The buyer will be given the opportunity to view the premises and the available company, financial and building documents before making an offer. The viewing will be arranged separately.

The property is sold through the Huutokaupat.com service in accordance with the terms of sale stated there.