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Established, Award-winning Luxury Bed And Breakfast In Sarlat-la-canéda For Sale

Sarlat, Dordogne, France
Asking Price:
€960,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

A long-established and successful luxury bed and breakfast generating 16% yield, Les Cordeliers is featured in the Michelin Green Guide, Rick Steves Guidebook, and TripAdvisor. Located in the historic centre of Sarlat, which is considered one of the most beautiful medieval ensembles in Europe,.

Outstanding opportunity to purchase a superb 1870s mansion renovated with quality materials and unparalleled craftsmanship. 85% occupancy from April to November, mostly direct bookings, making for reliable income and low commission fees, makes it possible to operate year-round.

Location, location, location, with excellent proximity to restaurants, bakeries, shops, supermarkets, and the historic medieval centre all within 2 minutes' walking distance from our quiet and calm street. Free public parking is nearby.

400 square meters, 7 guest bedrooms, 5 marble fireplaces, plus the owner's private ground-floor apartment. Huge cave for storage. Gorgeous dining room that delivers the wow factor. Guests love starting the day in our dining room!

Friendly and interesting international clientele, who enjoy the elegance and class of a luxury bed and breakfast and desire a personal touch during their stay. Genuinely “warm feeling” as described by guests, cheerful ambiance, a great place to live and work in the Dordogne, and the amazing village of Sarlat, teeming with life, character, and festivities.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Owner's private ground floor apartment including bedroom and en-suite bathroom, living room, kitchen, office, utility room, and small secure courtyard.

Location:

Located in the heart of Sarlat, 2 minutes' walking distance to everything you need, from restaurants and cafes to supermarkets and bakeries. Sarlat is a perfectly preserved medieval village that attracts 1.5 million visitors every year and the most popular destination in the Dordogne. It is the world capital for truffles and foie gras and with its historic center also the 3rd most important town in France for making films and hosts a film festival every November and theatre festival in July.

Premises Details:

Fine 19th century maison de maitre, 400 sq meters, 7 guest bedrooms all with en-suite bathrooms, guests’ kitchenette, owner's private ground floor apartment including bedroom and en-suite bathroom, living room, kitchen, office, utility room, and small secure courtyard. Large cave for storage. Dining room for serving breakfast that delivers the wow factor.

Size in square feet:
400 sq meters / 4300 sq feet

Business Operation

Expansion Potential:

It could be run year-round, as a hotel or luxury bed and breakfast.

Competition / Market:

Considered among the top places to stay in Sarlat and featured in the Michelin Guide, Rick Steves Guide Book, TripAdvisor, and ranked online as a 4-star accommodation.

Reasons for selling:

My wife has gained modest fame as a classical music composer and is working abroad whilst I am a university professor with projects outside of France.

Trading hours:

Open every day, starting early April to end of October. Reception is open from 3:00PM to 8:00PM. Breakfast served daily.

Employees:
owner operated, plus one
Years established:
17 years

Other Information

Support & training:

This is an outstanding opportunity for someone that loves being a host. Training will be available to ensure a positive start and available throughout for support and guidance.

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€7,000 - included in the asking price
Home based:
This business can be run from home.