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80 room Hotel for sale in Nice, French Riviera
25,750,000€
Located in the heart of Nice, just 300 meters from the famous Promenade des Anglais, this charming *** hotel offers a unique investment opportunity. Key Features: Total Area: 3,800 m² Land Area: 950 m² Number of Rooms: 80 (ranging from 12 m² to 30 m²) Number of Floors: 4 Historic Building: Characterful architecture dating back to the 1880s, in operation since 1905. Facilities and Amenities: Ground Floor: Large reception hall, conference room, waiting area, fitness room, restaurant, kitchen, and 4 rooms. Outdoor Spaces: Spacious, quiet garden and terraces. 1st to 3rd Floor: 26 rooms per floor, some with south-facing balconies. Comfort: Air-conditioned and soundproofed rooms with impressive ceiling heights. Services: Wi-Fi, satellite TV with flat screen, private bathroom. Accessibility: Two staircases and two elevators serving all floors. Renovation and Value-Added Potential: 30 rooms were fully renovated in 2023. 25 rooms have been refreshed, with only the bathrooms needing renovation. 25 rooms require full renovation. Opportunity to increase revenue and achieve a 4-star classification after refurbishment. A rare opportunity to acquire an iconic hotel in a prime location. Contact us for more information or to schedule a visit.
Additional Property Information:
• Rooms: 80
• Size: 3,800 m²
• Heating Source: Electric
• Reference: 85785902
• Status: Excellent
• View: City, Sea
• Year of construction: 1880
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