FOR SALE – WALLS AND BUSINESS OF A 3-STAR HOTEL RESTAURANT – Var hinterland

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DRAGUIGNAN 83300

FOR SALE – WALLS AND BUSINESS OF A 3-STAR HOTEL RESTAURANT – Var hinterland

area
1100 m2

1 942 500€

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Presentation of the property : business goodwill 29 rooms for sale in DRAGUIGNAN

FOR SALE – WALLS AND BUSINESS OF A 3-STAR HOTEL RESTAURANT – Var hinterland A rare opportunity in a privileged Provençal setting Located in a charming little town in the Var, this 3-star hotel represents a turnkey business, ideal for a couple wishing to invest in a project with a strong human and tourist dimension. The 1100 m2 establishment on 6600 m2 of land has 29 double rooms, all equipped with bathroom, private toilet and individual terrace with completely unobstructed views of the mountains. Calm, comfort and brightness characterize this well-kept hotel complex. The hotel also includes: A restaurant that can accommodate up to 80 guests, An adjoining seminar room, ideal for professional or private events, An outdoor breakfast area, very popular in fine weather, A bar with a license IV, An outdoor swimming pool, A pétanque court, A 3-room company apartment of 100m2 And a large private parking lot reserved for customers. The current operation generates a turnover of approximately €500,000, with an EBE of €150,000. This is a stable business, with consistent results, which still offers significant room for growth, particularly through the development of event activities or the promotion of catering. ? Ideal location: close to the city center and the main points of interest, while benefiting from a natural and peaceful environment. ? To visit without delay - Complete file on request. Support available for a serene recovery.

Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 1 942 500 €
Price excluding fees 1 850 000 €
Fees payable by the buyer are 5% all taxes included

To view the fee schedule : click here

Location of the property : business goodwill 1100 m2 for sale in DRAGUIGNAN

83300 DRAGUIGNAN

Features of this property :

Information

#id	340 934 780 985
Nb of room(s)	29
Surface area	1 100 m²
Exposure	South

Other informations

Lift	yes
Car park	yes

Financial

Agency fees included price	1 942 500 €
Annual property tax	15 000 €

1942500

Diagnostics

Estimated annual energy costs of the property

Between 11400 € and 15400 € by year

Estimated amount of annual energy expenditure for standard use : in the form of a range with indication of the range

Average energy prices indexed as of January 1, 2021 (subscriptions included)

Capifrance advisor in charge of this property

Philippe CHRIST

Cannes

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FAQ

The Capifrance team answers your frequently asked questions:

What are the advantages of investing in commercial properties?

Investing in commercial properties can offer several attractive advantages for investors. Here are some reasons why this type of investment can be appealing:

High returns
Tenant stability: Businesses tend to sign long-term leases (often between 3 and 9 years). This provides stable rental income over the long term and reduces the risk of vacancy.
Property appreciation: Commercial properties can increase in value over time, especially if they are located in developing areas or thriving business districts.
Diversification opportunities: Investing in commercial properties allows for the diversification of an investment portfolio. This helps reduce risks by spreading investments across different types of real estate assets (offices, retail spaces, warehouses, etc.).
Less daily management: Compared to managing residential properties, commercial properties require less daily management. Tenant businesses are generally responsible for routine maintenance.

Commercial Lease: What is the difference between tacit renewal and tacit extension?

There is no tacit renewal. The tenant must request the renewal of the lease 6 months before the lease's expiration. This request cannot be refused.

In the case of tacit extension, the conditions of the initial lease continue to apply, but the parties can terminate the lease at any time, subject to a notice period. The terms of the lease (rent, charges, etc.) continue to apply. If the lease duration exceeds 12 years, the landlord can uncap the rent (i.e., the rent will be set at the market rental value commonly practiced in the vicinity).

What are the factors to consider when valuing a business ?

Valuing a business requires a comprehensive approach, taking into account the financial, commercial, material, and immaterial aspects of the company. Consulting a specialist in business valuation can also help to obtain an accurate and professional estimate.

FOR SALE – WALLS AND BUSINESS OF A 3-STAR HOTEL RESTAURANT – Var hinterland

Presentation of the property : business goodwill 29 rooms for sale in DRAGUIGNAN

Features of this property :

Capifrance advisor in charge of this property

Real Estate Daily

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