Paris Three-Star 49 Room Hotel For Sale

Location: 18th Arrondissement Paris, France

Name: TBA

No. of Keys: 49

The Property: The fun area of Paris, with Rue de Poteau, Montmartre, Sacre-Coeur and Marche Saint-Pierre on the hotel’s doorstep.

Great neighbourhood restaurant adjacent – not owned by the hotel.

In good decorative order, funky as one would want in this area. Was four-star

Main Photo: The area around the hotel

Tenure: Freehold with Vacant Possession

Brand/Management: Currently affiliated to a marketing consortium, which can be terminated in March 2020

Current Owner: Private family

Financials: 2018/19 ADR and % occupancy data available

Guide Price: €11m plus agents’ fees

Guide Price per Key: €225k

Agent: FAN Worldwide in partnership with THPT

Date Posted: September 2019

THPT Comment: Great opportunity for this cute, boutique hotel in a funky area of Paris.

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.