Highly Profitable Hospitality Business - Reduced from €895k to €795k

Property Description

Summary
Are you looking for the perfect opportunity to follow your dream of buying a stunning French home in the countryside that is also an internationally renowned activity holiday business specialising in creative textiles and painting holidays? The property and business offers an immediate income stream, as well as the opportunity to further increase revenue with highly profitable gîtes and/or chambres d'hôtes throughout the summer months and out of season.

The property is located in a beautiful rural setting, yet only a 5 minute drive from the thriving medieval market town of Montcuq with all the facilities you require on a daily basis. It is also walking distance from one of the Saint-Jacques-de-Compostelle pilgrimage routes.

Set within 2 hectares of rolling countryside, there are outstanding views in all directions as well as a small lake. The old farmhouse and its stone outbuildings have been fully restored and tastefully decorated to provide a 14 bedroom property (13 of these with their own en-suite bathroom).

The property comprises of owners accommodation, guest accommodation and a large studio / workshop and boasts over 600m2+ of liveable space excluding outbuildings.

This well-established and profitable business has been built up over the last 20+ years generating a substantial annual income well in excess of a standard gîte business and enjoying an excellent reputation worldwide. The business involves running highly successful and profitable art and creative textiles activity holidays during May, June, July and September. These are hosted by the owners with courses devised and taught by professional and internationally renowned tutors.

The second income opportunity is to utilise the accommodation for self-catering gîtes (arranged as sleeping 10, 5 and 2 respectively) from mid July to the end of August. Furthermore, there are also an additional 3 bedrooms which can be used for chambres d'hôtes alongside.

It is also important to note, although the art and creative textile business is already in existence at the property, there is no obligation to continue this should there not be an appetite to do so, thus leaving all opportunities open!

There is a large 12 x 6 meter heated swimming pool which has undergone renovation in 2022 (air source heat pump, new liner, pump and fully retractable electrical safety cover). This is surrounded by a large travertine terrace with stunning views down and across the valley. There is also the original bread oven for the hamlet, well, water source and glazed roof laundry drying area, as well as large amount of storage in outbuildings and caves.

The property has off-street parking to comfortably house 6+ cars as well as numerous other options for parking.

Access
The property is equidistant from Toulouse, Bergerac and Brive airports, all being approximately 1 hour and 20 minutes drive away.

The stunning and historic prefecture of Cahors is a 20 minute drive and has a mainline train station (Bordeaux / Paris) as well as large and well regarded hospital.

Additional Details
The property is being sold privately so no agency fees are applicable.

Revenue Generation
Further and more detailed information on the financial side of the business can be shared upon a succesful viewing of the property.