Hotel for Sale in France Hautes-Pyrénées Bagnères de Bigorre Hotel in the Mountains with lots of Tourist trade.

Hotel in the Mountains with lots of Tourist trade.

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Hotel for sale in Bagnères de Bigorre, Hautes-Pyrénées, France

Near the thermal spa town of Bagnères de Bigorre, close to the main Pyrenean ski stations, and in a very touristic area, in the superb environment of the mountains, this Hotel/Restaurant (20 bedrooms) sits on a plot of 800m² with potential to purchase other buildings.

This imposing Hotel/Restaurant is for sale as a going concern, and is laid out over three storeys with a basement, and has 20 bedrooms, in perfect condition in general.

The ground floor comprises a restaurant (130m², facing full South), with large picture windows and a terrace with panoramic views of the spectacular mountains. There is also a reception room (35m²) with a l lovely open fireplace, a kitchen (60m²), a cellar and a scullery, and wc's.

The 20 bedrooms are spread over the next two floors. Three have ensuite handbasin, three have handbasin and wc, four have a shower, and ten have a shower and wc en suite.

These rooms are currently charged out at between 34€ and 42€ double occupancy depending on the facilities and the season.

The accounts show turnover as follows:
2002 : 126 000€
2003 : 125 000€
2004 : 94 000€

The property is situated in the middle of a unique environment, with a wealth of sporting activities all the year round in the area, overlooking a valley and the surrounding mountains - a bit of marketing should bring improve the turnover immeasurably.

Alongside the hotel you could also purchase land consisting of a covered pool (12 x 6 = 72m²) with a covered area and a tiled terrace, a tennis court and a commercial premises which could be used to augment the business in the future (6,5 x 20 = 131m², and also a first floor).

The total price, for the hotel and the pool/tennis court/commercial premises is 900,000€.

Furthermore, on the same land, you could also purchase a plot containing 5 chalets for 4 to 6 people (350 to 550€ per week according to season) and another for 8 people (410 to 610€ per week according to season)

The total price including the hotel, swimming pool, tennis court, commercial premises, and the chalets is 1,330,000€.

Please contact the agency for the overall accounts.

The property is very well maintained, without a huge amount of work to be done on it, but with a lot of charm. The construction is traditional, it is South West facing, there is wood double glazing, a natural slate roof, and rendered breezeblock walls. There is oil fired central heating, and a septic tank.

This hotel is situated close to Bagnères de Bigorre, just 30 minutes from the motorway, less than 20 minutes from the top ski resort of the Pyrenees, 30 minutes from Tarbes, 45 minutes from Pau (Ryanair), 1hr 35mins from Toulouse (Easyjet, Flybe, BMIBaby, Aer Lingus), 2 hours from Biarritz and the Atlantic beach resorts, and 3hrs 30mins from the Mediterranean.

Price:
€ 677,000

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