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Dordogne Gite Complex On 19 Acre Estate For Sale
Location France
Asking Price Range $500K - $1.0M
Gross Revenues $80000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description This is a top quality gite business for sale. Listed in Alastair Sawday's guide the two separate gites are let - effortlessly - for around 15 weeks per year. Annual income is stable at over 50,000 euros per year.
What's for sale?
* a 19 acre (7.78hectare) estate of meadows and woods
* 3 main buildings, of which:
- gite 1: a 240mý stone-built house with 5 bedrooms, 4 bathrooms, spacious reception and kitchen. Cellar, patio and 8X10m private pool.
- gite 2: a 245mý Perigourdine house with 4 bedrooms, 3 bathrooms, farm kitchen, 2 living/dining rooms (65mý), private terrace and 12X8m pool.
- the 'cottage' (95mý) with 3 bedrooms, kitchen and living room, 2 bathrooms.
Ajacent to the cottage is the barn, a 190mý building (each floor) which houses garages, boiler room, laundry, offices and wine cellar as well as open space of 190mý to be developed.
The present business could easily be developed by incorporating a B&B element into the site. (The barn would lend itself to the creation of 3 or 4 extra ensuite bedrooms). One of the gites could be used a restaurant. And finally, the gites are very under-exploited: with a bit of savvy marketing they could easily be let for over 20 weeks per year.
The complex is just outside a pretty village typical of this central Dordogne area. It has baker, caf‚, general store and restaurant. The famous Lascaux cave is just 20 minutes away.
Asking price is 844,600 euros. If you are interested please ring me in confidence on +33 950 685 946 or just email me and I'll send you further details immediately.
Click Here To Contact Seller
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