Buy a Bar Cafe & Hotel With Financing Available business for sale in Mauprevoir on BusinessesForSale.com

  • Listing ID: 417988

Bar Cafe & Hotel With Financing Available For Sale


Price Reduced

Location:
Category:
Type:

Asking price:
€168,500 (Furniture / Fixtures included)
Turnover:
< €500k
Net profit:
< €250k
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.


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.

Financing available from the local commune.


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.

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. A TABAC licence would be offered to new owners from the Maire.
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 4 & 31/2, also husband wishing to change career!
Trading hours:
Closed Monday & Tuesday, Wednesday & Thursday 10am - 10pm, Friday & Saturday 10am - midnight, Sunday 10am - 7pm.
Financing available:
Various financing schemes available through the local Maire (Commune funding including let to buy) - no need to get a mortgage with a bank.....ASK FOR DETAILS!!
Furniture / Fixtures value:
€30,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.


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