Four-Star Hotel Paris For Sale, Off-Market

Location: 8th Arrondissement, Close to Champs-Elysses, Paris, France

Name: TBA

No. of Keys: 50

The Property: Situated in a magnificent art-deco building of the 30s, renovated style, a secret garden and a spirit “arty”. Just a step from the avenue of the Champs-Elysées, a haven of peace at the heart of the eight arrondissements called the Golden Triangle, with a patio and a winter garden. A true boutique hotel in the heart of Paris.

The Hotel was recently fully renovated by the owner and a top interior designer which developed the concept of the temporary exhibition of artists. The hotel has a discerning and sophisticated business clientele.

The hotel has small meeting rooms. The renovated rooms have free Wi-Fi access, flat-screen television with DVD player, dock for iPod, Nespresso coffee maker, mini-bar as well as an elegant modern bathroom with Italian-style shower or bathtub.

A few rooms have a balcony with a view. Suites are spacious and comfortable, and the hotel has a fitness gym. The decoration is contemporary, modern and Arty, with a beautiful inner courtyard. .

The hotel has 50 rooms, well appointed, comfortable and are a good size ranging from 35m2 to 50 m2 for the suites located on the top floor.

The hotel has a fitness room on the ground floor as well as a private terrace. The building is 2000 Sqm

Main Photo: The bedroom at this hotel

Tenure: TBA

Brand/Management: Flag and management free

Current Owner: xx

Financials: Available after submission of NDA and LOI

Guide Price: €48m

Agent: PS in partnership with THPT

Date Posted: August 2019

THPT Comment: The boutique hotel in the centre of Paris can command a price of just under €1m a room, with a yield of 5%…turnover €3m.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.