18th Century Former Mill Hotel And Restaurant Use – Art Nouveau Architecture – Royat

Located in the immediate vicinity of the Royat thermal spa complex and the Royatonic aquatic wellness center, this hotel and restaurant property represents a rare investment opportunity in the heart of a well-established spa destination.

Offering approximately 760 m² of floor space (+ an additional 240 m² basement), this 18th-century former mill featuring Art Nouveau architecture currently includes:

- 4 high-end hotel suites operating year-round

- A gourmet restaurant area with a fully compliant professional kitchen

- Additional spaces currently under renovation, allowing capacity expansion with 3 to 4 additional bedrooms

- An independent manager’s apartment of 92 m² with a 28 m² terrace and jacuzzi

- A large garage, storage areas and cellars in the basement

- Wine cellars on level -1

The establishment benefits from year-round operations, supported by a mixed clientele of tourists and spa guests, ensuring recurring activity and operational stability.

The hotel holds a License IV (full liquor license) and is located in a UT zoning area with approved hospitality use. It offers significant optimization potential, including:

- Upgrading the hotel to a higher luxury positioning

- Expanding accommodation capacity

- Enhancing the asset value following partial renovation

- Strategic repositioning of the restaurant concept

Asking price for the property only (real estate asset with rental potential): €1,500,000 – agency fees included.

The business assets and equipment (fonds de commerce) may be acquired separately.

A rare mixed-use asset combining operational income, development potential, and medium-term capital appreciation.

Full file and viewings available upon qualified request.

Hotel & restaurant heated floor area: 737 m²

Energy rating: C
Climate rating: C

Annual energy costs: approximately €20,000

Manager’s Apartment – 92 m² with 28 m² terrace

Energy rating: D
Climate rating: C

Estimated annual energy costs for standard use: between €2,050 and €2,830 per year (prices indexed as of 01/01/2021).

Information regarding potential risks affecting this property is available on the Géorisques website:
[hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/