"Cult object in the heart of Olten – Restaurant, Club & Apartments in one property"

TERMINUS Olten – Gastronomy, Culture and Living under one roof

The TERMINUS is one of the most well-known addresses in Olten. For decades, it has shaped the social and cultural life of the city. Now, the property at Frohburgstrasse 7 is for sale.

On approximately 1,195 m² of usable space, the building combines a restaurant, club, apartments, and office spaces. Several units are vacant, giving buyers room to renovate, redesign, or consider a change of use. A rented apartment provides ongoing rental income.

The key facts

• Address: Frohburgstrasse 7, 4600 Olten

• Total usable space: approximately 1,195 m²

• Sales price: CHF 2,500,000.00

• Rental status: partially rented

• Vacant: restaurant, club, 2.5-room apartment on the 1st floor, and office on the 2nd floor

• Rented: 4.5-room apartment on the 2nd floor

• Parking: four underground parking spaces with direct access to the property

• Heating: oil heating

• Condominium: the attic apartment is excluded from the sale.

The restaurant – bright dining area with equipped kitchen

Plenty of daylight and a spacious dining area characterize the restaurant. The kitchen is fully equipped. A direct access connects the restaurant to the club. The toilet facilities in the basement are designed for both areas.

The restaurant is currently vacant and offers space for a new gastronomic concept.

The club – space for music and encounters

For over 60 years, generations from Olten and the surrounding area have danced at the TERMINUS. The currently vacant club spans two floors.

On the ground floor, there is a large bar with lounge, a dance floor with stage for DJs and live acts, as well as a second bar with separate seating lounge. A smoking room complements the offer. On the upper floor, there is a gallery with a small bar and a cloakroom.

Generous ceiling glazing brings daylight into the club area. Storage, technical, and staff rooms, as well as wet cells in the basement, complement the infrastructure.

Living and working in the upper floors

On the 1st floor, there is a vacant 2.5-room apartment that previously served as staff accommodation for the club operation.

The 2nd floor comprises two units:

• 4.5-room apartment, approximately 110 m²: rented old-building apartment with classic floor plans and potential for modernization.

• Office with small terrace, approximately 90 m²: vacant unit with potential for renewed residential use. The prerequisites for this are to be examined.

Rental income and rental potential

The rented 4.5-room apartment currently generates a net rent of CHF 1,158 per month.

The sales dossier shows a net rental income of CHF 186,696 per year for all units. This amount consists of the current apartment rent and the rental rates for the four vacant units. It does not correspond to the currently generated annual income.

Your options

Whether gastronomy, events, living, or office space: the TERMINUS combines different uses in a central location in Olten. The free spaces create room for new concepts. Renovations, conversions, and possible changes of use can be examined within the framework of the applicable regulations.

Interested?

We would be happy to provide you with the sales documents and arrange a viewing appointment.

Timothy Blaser · Thommen Immo AG

Phone: +41 62 207 05 55

E-mail: t.blaser@thommen-immo.ch