Realitica classifieds

Hotel For Sale, Luru, France

Type: Hotel For Sale
District: France
Location: Luru
Price: €480.000
Year Built: 2022
Bedrooms: 7
Baths: 7
Living Area: 580 m²
Parking Spots: 2
Air Conditioning

Description: 9089. France. Existing business in Burgundy. Restaurant and mini-hotel. Location: Burgundy-Franche-Comté region.
Geographical advantage:
Eastern France, a city of 8,500 people, combining industrial potential and tourist appeal. The city has a train station and a federal highway. The nearby factories of Peugeot-Citroën, Faurecia, and Vetoquinol ensure a steady flow of business tourism and corporate clients. Border proximity: Germany - 100 km, Switzerland - 110 km, Luxembourg - 330 km. Basel Airport (EuroAeroport) - 105 km.
*Restaurant, 180 sq m
Successful in business for 7 years. Specializes in Russian cuisine. Capacity: 2 halls for 30 and 15 seats, 2 terraces for 16 and 20 seats. The kitchen is fully equipped and organized in accordance with sanitary standards. Alcohol license. The restaurant is popular, has high ratings, received a diploma in 2022. Above the restaurant there is a two-room apartment. Mini-hotel, area of ​​400 sq. m. Two-storey building. Modern apart-hotel. The building was built in 1951, in 2022 - a major overhaul with replacement of all utilities, successfully operating for 4 years. Room stock: 5 existing rooms (fully furnished and generating income), 2 rooms in the process of preparation (40% readiness) - potential for immediate scaling of profits. A garage in the courtyard and two parking spaces plus free street parking are available.
The hotel and restaurant are located on adjacent plots, separated only by a fence, allowing them to be managed as a single complex. There are no restrictions; purchases can be made by foreign individuals. Payment can be made directly to a notary in France (up to 50% in cash is accepted, including in Russian rubles).
Why is this beneficial for the investor?
The opportunity to live on the property and simultaneously run two profitable businesses, plus two open bank accounts.
The restaurant has a seven-year history of success, and the hotel is located in a region with a shortage of quality housing for employees of nearby factories.
*A unique opportunity to purchase real estate in France with an established client base and stable cash flow. A 4-year residence permit is available, followed by a 10-year permanent residence permit, followed by citizenship. There's a video of the hotel: https://youtube.com/watch?v=TWqM2sq3Pig&si=6WebIWcXApLJPool

Price: €480,000 for both properties