B&B With Tea Room At Ridiculous Price For Sale

Business description

Idyllic Bed & Breakfast / Boutique Hotel complete with full permissions for additional Tea Room business, newly redeveloped to the highest standard. Now at €120,000 - Get your hands on the bargain of the year! This property cost the developers €220,000 to renovate, but circumstances now mean you can pick it up for €100,000 less than the cost price. Don't miss this once in a lifetime opportunity.

Property information

Real Estate:

Real Property Included

Living accommodation:

Living accommodation currently comprises, kitchen, dining room (12 covers), utility room, office, 4 bedrooms, 4 bathrooms, garage and cellar, with scope to add a living room, 2 or 3 bedrooms and 2 more bathrooms.

Location:

Prime village square location and Internet site/online booking system included.

Premises details:

This property is ideal for an owner who is serious about making a high return from a B&B / Hotel / Tea Room business. The property doesn't have its own garden (how many hotels do?), but its location in the centre of the Morvan Park means that beautiful countryside is all around, and as it is situated in the heart of a touristic village (next door to the tourist information office) this property could not be positioned better for trade. Remember that golden rule of property purchasing: location, location, location.

Size in square feet:

200

Other information

Expansion potential:

Currently 4 guest suites with scope to expand to 5 (the maximum allowed for a B&B in France).

Planning consent:

Permission granted (on operation of tea room business) to build a terrace at the front of the property for alfresco dining (12 covers).

Competition / Market:

No other accommodation of this quality (5 star standard) is available in the area.

Reasons for selling:

Totally redeveloped to the highest standards (needs to be seen to be appreciated) at a cost of €220,000, the developers now need to sell this property to free-up capital for their next venture.

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