Unique 6 bedroom Commercial Property for sale with countryside view in Fumel, Nouvelle Aquitaine
In the heart of the Lot region, amidst the prestigious Cahors vineyards, this exceptional property is situated about 15 minutes from Fumel, with its train station, 40 minutes from Cahors with its many bars, shops and restaurants, and approximately 1h40 from Toulouse and its international airport. It offers an exceptional setting to immediately start a restaurant business or hospitality activities such as seasonal rentals, seminars, or weddings.
The entrance i...
In the heart of the Lot region, amidst the prestigious Cahors vineyards, this exceptional property is situated about 15 minutes from Fumel, with its train station, 40 minutes from Cahors with its many bars, shops and restaurants, and approximately 1h40 from Toulouse and its international airport. It offers an exceptional setting to immediately start a restaurant business or hospitality activities such as seasonal rentals, seminars, or weddings.
The entrance is through a magnificent gate leading to a courtyard with a charming decorative fountain. The left wing of the property consists of a restaurant with a large, fully renovated dining room that has successfully preserved its old-world charm, including a beautiful parquet floor, exposed beams, and a large fireplace. This space can also be converted into a reception room for hosting various events such as weddings or seminars.
There is also a large terrace offering beautiful views of the surrounding vineyards. The professional kitchen, fully equipped, is spread over two levels, with a cold storage area in the basement and technical spaces reserved for staff.
Adjacent to the restaurant, a cosy gite features an open kitchen with a stove, a living room, two bedrooms (one upstairs), a bathroom, and a private terrace leading to a heated saltwater pool with a pool house and Jacuzzi. A part of the property remains to be renovated, offering expansive spaces to be developed according to your needs.
On the other side of the courtyard, a versatile cafe/bar with WC and a large covered terrace can be used for additional activities.
Accessed through a gate from the courtyard, the main house, fully renovated with high-quality materials, includes a bright living room, an office, a fully equipped kitchen, a dining room opening onto a terrace with a summer kitchen, a gym, and an independent studio with a living room/kitchen, a bedroom, and a shower room/WC.
Upstairs, the house offers four beautiful bedrooms, including a master suite with a walk in wardrobe and en-suite bathroom/shower, and another bedroom with its own en-suite bathroom/shower.
The garden, enhanced with Mediterranean plants such as olive trees and oleanders, completes this idyllic setting.
Modern heating and air conditioning, along with numerous potential uses, make this property a rare and prestigious opportunity.
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Where is this property?
This Commercial Property is located in Fumel in France
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Buying a Property in France
1. Signing the Agreement (Compris)
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.
The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.
Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.
2. Paying the Deposit
Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.
3. On Completion
Generally it will take around two or three months to complete the purchase.
During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.