$1,025,000
Tourist business in wine village, French coast
- Location (Outside USA): France
- Street / address: village
- City: Narbonne
- State: Non-USA
- Country: France
- Zip / Postal Code: 11200
- Listed: January 5, 2012 10:22 am
- Expires: This ad has expired
Description
B&B and gîte complex in Mediterranean village
5 rental units and a B&B in self-contained domaine in village centre – €795 000
The Languedoc has more or less a bit of everything: mountains, rivers, vineyards and mediterranean coastline. This property is all about the last two – sea and wine.
Located in a wine village surrounded by a sea of vines the estate is no more than 10 kms from the interminable sandy beaches of the Mediterranean Sea.
What’s for sale:
- a self-contained estate in the centre of a compact and unspoilt wine village
- the main house: a 240 m² manor house which is used as a 3-bed B&B giving on to central courtyard/garden with heated pool.
- two gîte duplexes, each with living-room, kitchen and two bedrooms
- two second-floor 2-bedroomed apartments
- ground floor apartment
- manager’s two-room flat
What is for sale here is a business, not a retirement retreat or holiday home. At present, the owner runs a B&B throughout the season and manages the two gîtes and their weekly turnovers. Three other apartments are let out on long-term leases. This arrangement allows the business to be run by one person while ensuring a regular, if modest, income throughout the year.
Potential buyers should consider the more dynamic option: running the B&B and bringing all 5 apartments into short-term gîte-letting mode to maximize income over 24 or so weeks a year. There is no reason why the B&B should not work all year round, as could the gites – given the nearby urban centres’ thirst for winter weekends. (Montpellier and Toulouse are about an hour away).
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