Three Star Hotel in Paris For Sale

Location: 11th Arrondissement, 3km from Musee du Louvre and 4km from Musee d’Orsay

Name: TBA

No. of Keys: 88

The Property: Unpretentious rooms come with complimentary Wi-Fi and flat-screen TVs. Some have views of a courtyard or Place de la Bastille. There is no air-conditioning or elevator service. Rooms are 15 – 18 sq. mtrs. with junior suites at 25 sq. mtrs. Two meeting rooms taking 20 – 50 people.

Breakfast is available for an additional charge. There’s a relaxed lounge and a dining room.
Parking on site (paid)

Trip Advisor review (800 plus reviews) score 4 (out of 5) – 76% Excellent and Good

Main Photo: The gardens of the hotel

Tenure: Freehold

Brand/Management: Brand and Management free

Current Owner: Small hotel group with five hotels in Paris

Guide Price: €30m plus agency fees

Price per Key: €340,909

Yield: €2.5m turnover in 2018…full financials on NDA/LOI

Agent: Fan Worldwide in partnership with THPT

Date Posted: September 2019

THPT Comment: A no-nonsense, three star hotel in a great part of Paris, reflected in the asking price.

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.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

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.