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| Type: Hotel Year Built: 0
Status: For sale
| Price for sale (euro): 174,900 SQ (m2): 0 Bedrooms: 9 or more Bathrooms: 4 WCs: 0 Weekly Letting Price (euro): | | | Contact Tel: 0033 (0)555 89 78 95 Contact email: click here | Town: Folles Region: Limousin
Post Code: 87250
| | Features: | Water connected Electricity connected Telephone Cable TV Parking
| | | Situated in the Heart of the Haute Vienne in a very picturesque tourist village, is this typically French local bar and restaurant.
A successful business that has been run by the current owner for 5 years is now available as the current owner wishes to travel. The business consists of a bar, restaurant and village shop with 3 letting rooms for bed and breakfast although this can be expanded as part of the building requires renovation which would provide a further 3 bedrooms. The property also has a 1 bedroom owners apartment, which could also be expanded into the attic and a further 4 bedrooms formed. Although the property has no garden, it does have a front forecourt which in the summer allows table and chairs outside, also in the middle of the building is an owner’s terrace of 100m2 fully private, a great place for sunbathing, BBQs and entertaining friends.
The business at the moment is turning over approx 100000 euros per annum with 40% through the shop 40% bar and 20% restaurant and accommodation. The restaurant and accommodation has not be exploited thoroughly by the current owner and there is huge potential to increase this, with a busy tourist lake only 4 kms away from the village, and a huge passing trade potential already gained in the shop and bar. The accommodation would need some cosmetic works as it is very basic as it stands at the moment but a good lick of paint throughout could make this a stunning place.
This business could quite easily be run by any nationality, as the locals are particularly friendly and understanding to the English in particular, I know this as it is my local bar and I have always been made extremely welcome by all who use this establishment. The current owner holds theme nights on a regular basis which are always great fun to be at.
The building also has in the middle a large hall not currently used 160m2 and would need works, but this would be an ideal place to hold receptions, conference or even discos if renovated. The property also has a large garage, for storage.
This business really does offer great value for money, and we certainly have nothing else that’s matches at this price, it has been priced to sell along with the fact the current owner appreciates it needs some money spending on it, but the good thing is from day one you will be trading and taking money, allowing you to continue to build on this ideally located bar.
Agence Marche Limousin & IEA France 15 Bis, Place St Jacques 23300 La Souterraine Tel: 0033 (0)555 89 78 95 Email: andrew@ieafrance.com www.properties in Limousin.co.uk | | | | Send to a Friend: | Send to a Friend-Click Here |
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