Established Hostel, Bar & Restaurant In North Italy For Sale

Real Property Included

The appartment is located on the first floor of building B, the bar/ kitchen/restaurant complex. It can be accessed from the bar area or independently via a private gate and stairway leading onto the sun terrace. It comprises a hallway, lounge, bedroom, small loft, utility area, bathroom and kitchen. Balconies surround the appartment.

The complex, comprising two detached properties set in mature gardens, is on the main thoroughfare of a quiet village with open aspects to the rear and just 5km away from main motorway junctions. The majestic river Po, handy for fishing and boating, is a short hike away. Sports facilities including an open air swimming venue, gym, football and tennis courts are a 5 minute walk away from the Hostel.
The village itself has a mini-market, pharmacy, doctor and dentist's surgeries, Council building, church, elementary and middle school, XIII century castle, buildings of historic interest and is served by the local bus company.

The lot is 1050 square metres and includes: main hostel building with large portico, bar and restaurant building (barn conversion), stage, orchard/vegetable garden, mature gardens to front and rear, landscaped seating areas and ample parking.

The property is architect designed and all planning permissions granted, the renovation having taken place between 2005 and 2008.

The potential for expansion is considerable as there are two more properties, one directly in front and one adjacent, totalling some 250 square metres, which could be easily converted into annexes/staff accommodation. Although not included in this sale, purchase may be negotiated in addition.
Since business from the Francigena Pilgrim Trail from Canterbury to Rome increases year on year, the more bed spaces available, the better.

There are two smaller B&Bs within a 3km range, with different client profiles, however. The Hostel has always attracted Northern European families and groups thanks to its larger 5/6 bed rooms. Furthermore, our B&B colleagues do not possess the linguistic skills to host international clientele: being able to communicate effectively in English is a distinct advantage.

Retirement - the vendors are aged 68 and 65 respectively.

From 07:30 to 22:00.

The vendors are willing to induct the purchasers for a period of one calendar month.

•   Entire complex in 3d
•   Plans Block A, Hostel
•   Plan Block B, Bar & Restaurant