Summary
- Asking price:
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€198,500
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- Built & run as a hotel & restaurant since 1862. Closed due to death of last owner for 3 years before being refurbished & opened again by current owners in May 2004
- Employees:
- Run by husband & wife team -casual extras brought in for functions when needed.
Business description
Established traditional FREEHOLD cafe bar with letting rooms for sale in the centre of a beautiful 'Ville Fleurie' in South West France (Vienne/Charente department border). Only Bar within 8km radius. Commercial accommodation includes :- Large bar with mosiac tiled floor, large restaurant/function room -30 covers with a pool table, open fireplace & original oak flooring. Fully equipped catering kitchen with wash up area.Customer toilets. Terrace for outside dining & drinking in the summer months.Enormous internal garage for storage (room for 6 cars)or for possibly an additional Pool Room/Function Room. Huge potential with very versatile accommodation. Large 2 story loft area (250m2)perfect for further development into letting rooms. License IV, all fixtures, fittings, linens & furniture included in the asking price. Ideal for moving in & taking over with minimum fuss.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Large family accommodation comprising of 3 bedrooms, 1 ensuite, family bathroom, lounge & kitchen/dining room. All electrics new within last 5 years oil fired central heating throughout. Thermostatically controlled radiators in each room.Double glazing throughout. Recently redecorated & restored.
Letting Rooms - Room 1 - large double with built in double wardrobe, wall lights, telephone & TV points. Room 2 - Large double with built in wardrobe, wash basin with shaving light & socket, wall lights, telephone & TV points. Room 3 - double with built in wardrobe, wash basin with shaving light & socket, wall lights, telephone & TV points. Room 2 & 3 share a large shower room with wash basin, bidet & separate WC.
Room sizes are as follows:-
FIRST FLOOR
Bar 36m2
Restaurant 40m2
Catering Kitchen 23.5m2
Wash up area 12 m2
Garage 73m2
Customer toilets
SECOND FLOOR
Guest Room 1 - 16.3m2 exclusive of en suite shower room & toilet
Guest Room 2 – 13.2m2 exclusive of recess with built in wardrobe & wash basin
Guest Room 3 – 11 m2 exclusive of recess with built in wardrobe & wash basin
Guest Shower Room
Guest Toilet
PRIVATE APARTMENT-2ND FLOOR
Bedroom 1 – 16.3m2 exclusive of en suite shower room & toilet
Bedroom 2 -14.8m2 exclusive of recess with built in wardrobe & wash basin
Bedroom 3 -8m2
Lounge 16m2
Family Bathroom & toilet
Kitchen/Dining 10m2
LOFT/GRENIER– with access from floor 2
Floor 2 – 100m2
Floor 3 – 150m2
- Location:
- Center of the village close to other commerce & also near to the river.
Other information
- Expansion potential:
- Huge further development potential due to large growing English clientele in surrounding villages & towns, also increased status of racing circuit - 7 kms away for letting room business & function work. The building has huge potential to be developed further with 250m2 of unused space. Additional guest rooms can easily be added in the grenier/loft area which already has access from the 2nd floor. Plus further expansion potential on the ground floor into the garage area which has access from the main lobby area.
- Competition / Market:
- No other bars or restaurants within a 8km radius. One of the two closest hotels/B&B to the 2nd largest motor racing circuit in France - Val de Vienne-which provides constant repeat business for the letting rooms all year round.
- Support & training:
- 2 weeks full time support if required more by negotiation if needed.
- Reasons for selling:
- 2 very lively children 3 & 2!
- Trading hours:
- Closed Monday & Tuesday, Wednesday & Thursday 10am - 10pm, Friday & Saturday 10am - midnight, Sunday 10am - 7pm.
- Financing available:
- Morgage with local French Bank
- Furniture / Fixtures value:
- €68,000
- Inventory / Stock value:
- €2,000
- Related documents:
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