$1,451,220

Montpellier Centre Hôtel 15 Chambres + Commerce 400 M²

  • 4,306 Sqft
  • Updated: September 6

About the Property

In the heart of the Écusson, in a sought-after pedestrian area of Montpellier, discover this character building dating from 1925, offering approximately 400 m², currently operated as a hotel business.

A particularly interesting property for an investor looking to acquire both the real estate and the business, with several development and enhancement possibilities.

A COMPLETE REAL
In the heart of the Écusson, in a sought-after pedestrian area of Montpellier, discover this character building dating from 1925, offering approximately 400 m², currently operated as a hotel business.

A particularly interesting property for an investor looking to acquire both the real estate and the business, with several development and enhancement possibilities.

A COMPLETE REAL ESTATE COMPLEX
The establishment currently includes 15 rooms, each equipped with a private shower or bathroom, as well as the necessary spaces for operation: reception, breakfast room, laundry, cellar, and ancillary rooms.

The property also includes:

- A renovated apartment of about 65 m², with living room and fireplace, open kitchen, bedroom, laundry room, balcony, and air conditioning.
- A space of about 65 m² on the top floor, with mezzanine and terrace, offering an unobstructed view over the rooftops of Montpellier.
- A commercial space on the ground floor, with a storefront, which can be operated directly or rented independently.

DEVELOPMENT POTENTIAL
The current layout allows for various projects: continuation and modernization of the hotel activity, repositioning as a boutique hotel, development of a more contemporary hotel concept, enhancement of the top floor, or use of the commercial space as a coffee shop, small restaurant, coworking space, concept store, or other suitable activity.

The apartment can also be kept as staff accommodation or valued independently.

The business assets are included in the sale. The activity benefits from several decades of experience and an existing clientele.

Economic data and information necessary for the study of the business operation can be provided to interested buyers.

A PRIVILEGED LOCATION
Located in the heart of Montpellier’s historic center, in a pedestrian environment, the building benefits from immediate proximity to shops, restaurants, cultural venues, and transportation.

Its location is a major asset for a hotel business and any commercial activity on the ground floor.

PRICE BREAKDOWN
WALLS: €1,050,000 including fees, fees payable by the buyer
Net seller price: €1,004,785
Fees: €45,215 including tax

BUSINESS ASSETS: €200,000 including fees, fees payable by the buyer
Net seller price: €181,818
Fees: €18,182 including tax

TOTAL PRICE: €1,250,000 including fees
Walls + business assets

A rare opportunity in the Écusson for an investor seeking a real estate asset with existing operation and development potential.

Complete file and financial details available on request. Wealth & Real Estate Management - [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
  • Property type

    Estate

  • Year built

    1800

  • Price/sqft

    $337

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Port Marianne, Montpellier, France View on Google Maps
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Thalia Patrimoine

Joined 6 years ago
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Thalia Patrimoine
France
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20
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2020
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Thalia Patrimoine
Quinsac (33360), France
View agency profile
Last updated
September 6
First listed
Sep 6
Listing reference
V60005672
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