1. Presentation of the residence
Senior services residence located in the historic city centre of Tourcoing, close to shops and transport, with easy access to Lille.
The site, currently operated under the brand Les Jardins d’Arcadie highlights 76 apartments for rent, the studio to T3, with a restaurant, activities, communal areas and staff presence 7j/7.
The location remains strong from a heritage standpoint for a senior services residence: central position, accessibility, a commercial setting and an independent senior public seeking a housing solution with services. (jardins-arcadie.fr)
2. Operator and operating framework
The commercial lease transferred designates as tenant the company PV Senioriales Exploitation, for a business activity of senior services residence in furnished rental. It describes an operation with associated service provision for a senior clientele, including in particular breakfast, regular cleaning, linen supply and reception.
Point to watch : the residence is currently presented under the brand Les Jardins d’Arcadie, whereas the attached lease mentions PV Senioriales Exploitation ; the exact legal continuity of the operator has been verified.
3. Unit characteristics and commercial lease
Delivery at the end of 2017, lease start date
The term is structured in two periods : a first period until 31 December following commencement, then 9 full and consecutive years.
The annual rent is payable quarterly in arrears.
The lease provides for an annual revision indexed to the IRL, with a contractual ceiling of 2 % per year.
4. Allocation of charges
The landlord mainly retains the taxes and levies for which he is the legal debtor as well as the major repairs under article 606 and major compliance works.
The lease also organises a mandate to the syndic to call directly from the tenant the charges falling to him, with annual adjustment after the general meeting.
5. Landlord contribution
The lease sets a basic landlord contribution of 6 340 € excluding tax on renewal of the lease. To be seen what the new operator Les Jardins d'Arcadie will do as a result. This contribution is linked to the specific works plan provided at the contractual end of the lease, with a base corresponding to 5 % of the acquisition price, thereafter revisable according to the index provided in the lease within the limit of 2 % per year.
6. Points arising from the 2025 general meeting
Theordinary general meeting of 9 July 2025 was held for the residence Les Jardins d’Arcadie:
The 2024 accounts were approved, with an expenditure amount set at 297 304,17 €.
The 2025 forecast budget was revised to 298 000 € and the 2026 budget voted at 300 000 €.
Asset reading: the general meeting does not reveal any major structural damage voted at this stage, but it shows a technically active co-ownership, with several points to monitor.
Conclusion : file consistent from an asset perspective by its location and the nature of the product: attention to therenewal amendment and to the post--2026 economic conditions, which should be taken into account in negotiation
