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Gite Business In Southern Gascony For Sale

St Sever, Hautes-Pyrénées, France
Asking Price:
€415,000 Furniture / Fixtures included
Sales Revenue:
Under €100K
Cash Flow:
Under €50K

This is a turnkey gite business which is brand new. It is being sold for personal reasons as a property with two gites, a spacious owners' quarters, and a heated pool all set in 3000m² of grounds. The property is located on the outskirts of a mediaeval village renowned for its 11th century abbey in the Arros valley.

The gites are brand new but the farmhouse is a few hundred years old: a classic Gascon house built from solid bricks and riverbed pebbles in the traditional style. The farmhouse is divided into three dwellings: the two gites on either side of the owners' dwelling.

Each part is on two floors: large kitchen/dining area downstairs and then 2 bedrooms and a Jack'n'Jill bathroom upstairs. The owners' part also boasts a downstairs bedroom.

Everything has been renovated and refurbished with style and taste. The gites are sold fully-equipped and furnished.

The swimming pool is heated by a sophisticated heat-pump installation. There are wood-burners in each gite and a pellet-burner in the owners' section. Gas-fired central heating exists but is not used for the moment.

The garden boasts a well which never runs dry, a spacious garage/workshop and the whole property is fenced.

This is an excellent investment for buyers wishing to change lifestyle in the south of France while generating a healthy income. The property is near to Marciac, France's Jazz village, Tarbes/Lourdes and the Pyrenean ski resorts and cycling routes. You can't go wrong.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 bedroomed duplex

Location:

Excellent location on the outskirts of a mediaeval village with famous much-visited 11th century abbey and church. Near Marciac and Lourdes.

Premises Details:

Owners' dwelling and two 2-bedroom gites - with heated pool and one acre of grounds

Size in square feet:
27,000

Business Operation

Expansion Potential:

The garage could be developped

Competition / Market:

B&B activity nearby but no gites

Reasons for selling:

Illness

Employees:
0

Other Information

Furniture / Fixtures value:
€18,000 - included in the asking price
Website:
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Home based:
This business can be run from home.