Income Producing 8 bedroom Hotel for sale in Jonzac, Poitou-Charentes

Fabulous opportunity to acquire a highly rated beautiful 5 bedroom hotel and restaurant with 3 bedroom apartment, ideally located in a prime position opposite an impressive Chateau in Jonzac.

The business is very popular with tourists and locals alike and is full of French character with a wonderful atmosphere.

The architecture of the building is very unique and commands attention in the town. Dining outside offers direct views of the chateau providing a stunning backdrop for diners.

The hotel has 5 luxury en-suite bedrooms finished to an exceptional standard. In addition there is a 3 bedroom owner's apartment on the top floor and a large cellar on the ground floor used for storage and refrigeration.

The wonderfully decorated restaurant can take up to 100 diners both inside and out and is renowned for its superb cuisine. This is a great opportunity to take over a thriving business in an exceptional building.

••Opportunity to buy just the business without the building.

Ground Floor - bar & restaurant
- Bar and reception room
- Restaurant
- Professional kitchen
- 3 WCs
- Separate entrance to hotel/ office

1st Floor - hotel bedrooms
- 5 double bedrooms, each with en-suite shower rooms and WC
- Cloakroom
- Terrace

2nd Floor - owner's apartment
- Entrance hall
- Open plan living room/ kitchen
- Bathroom with shower and basin
- Separate WC
- 3 bedrooms

Outside
- Terrace for restaurant tables
- Cellar
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Features

Reference243414

Price1,382,979 EUR

Bedrooms

8

Bathrooms

6

Floor Space

709.0m2

Land Area

Fees Paid By Seller

It does not cost you anything to purchase this property through us

Balcony

1 or more balconies

No Pool

Property has no swimming pool

Potential for Income

Existing or suitable conditions for income

Parking

Has vehicle parking

Walk to Amenities

Shops and other amenities within easy walking distance

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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.