41 Bed Commercial for sale
Villeneuve-Loubet, Alpes-Maritimes, Provence-Alpes-Cote d'Azur, France
£6,513,112 *
[€7,550,000]
Full Description
BETWEEN NICE AND ANTIBES, HOTEL**** BY THE SEA,
Renovated establishment (2009), in perfect condition. 40 rooms + bar + restaurant.
Operation in independent profit centres:
• Hotel 20 rooms
• Hotel residence 20 rooms
• Restaurant with sea terrace
FREEHOLD (SCI) and BUSINESS operating company(SARL ) Hotel, restaurant, seminar room.
Average occupancy rate 2017: 70%
Profitability 2017 (FREEHOLD and Business activity): 4.5% Net
--
Possibility of extensions (Projects approved by the Town planning, being validated with the
prefecture):
1. HOTEL RESTAURANT
a. Creation of a Spa + 2 suites with terrace overlooking the sea
b. Creation of a bar/lounge terrace of 200m²
c. Creation of a 52 m² seminar room with 80m² terrace
d. Creation of 5 terraces for sea-side rooms
Read more
