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Central Sarlat - Successful Holiday Home Av. 40k/pa For Sale

Sarlat la Caneda, Dordogne, France
Asking Price:
€435,000 Furniture / Fixtures included
Sales Revenue:
€40,000
Cash Flow:
€36,500

Average rental turnover of 40,000 Euro per annum over 11 years giving a 10pct yield. Agents valuations of 450,000 Euro. Full audited accounts. Low running costs. Repeat customers. Operated by one person or a couple. Local cleaning agent if required. Private sale therefore there are no agency fees to add on to the price.

House details - 3 bedrooms, 3 ensuites, fully fitted kitchen, reversible aircon, electric heating, log burner, 1000m2 garden, south facing pool with double liner (called a 'liner arme' in French, pools without this are not good for rentals) & electric roller safety cover. 2 minute walk to restaurants, shops, Farmers Markets & Historic Sarlat town centre. Many repeat guests. Average stay is 1-2 weeks but can be up to 3-4 months, whatever you prefer. Furniture included. 2021 reservations already in place, therefore a guaranteed income. Possibility to develop plot or increase house size to make 4 bedrooms or more

There really isn't a need to work too hard. Why bother looking after several properties or B&B rooms, which is more work, but for only the same or a lower income level, when one house can provide the desired revenue on its own?

Reason for selling - After operating this business for 15 years we are now seeking a change of lifestyle as we are downsizing towards retirement.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

We operate the house as a whole house rental, but if you prefer it could be run as a two bedroom B&B with the third bedroom being for the owner.
Possibility to purchase or rent own home nearby whilst you operate this as your business.

Location:

Prime central Sarlat location in a quiet residential area. 1 minute walk to the nearest restaurant & a 2 minute walk to the twice weekly Sarlat Farmers Market, shops and 70+ restaurants of Sarlat old town.

Premises Details:

A beautiful honey coloured stone house offering three ensuite bedrooms & a large covered terrace for dining al fresco which overlooks the south facing 9x4m private pool. The mature gardens screen the house, pool & sun terrace making it the perfect place for total privacy in the centre of town.

Size in square feet:
1100 ft2

Business Operation

Expansion Potential:

Can be run all year round. Presently operated full time from April to the end of October.

Reasons for selling:

Downsizing as we move forward towards retirement.

Trading hours:

Can be operated from 6-12 months as you like. There is demand for this house all year around, so finding potential renters is not a problem.

Employees:
0
Years established:
15

Other Information

Support & training:

We can offer advice and support during a transition period. The house will be sold with existing reservations in place (depending on the time of the year). We will also forward all the repeat reservation requests to you, with many guests returning each year.

Furniture / Fixtures value:
€20,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

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