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HOTEL RESIDENCE with high yield and potential. THONON LE BAINS is a medium-sized town in Haute-Savoie with a strong economic and tourist activity, in a very friendly and warm setting between lake and mountains.
Close to Switzerland, this multi-accommodation residence benefits from an exceptional location in the city center, a stone's throw from the train station, large public parking on the square. Completely renovated every year since 2013 by the managers: 24 studios, 4 apartments, and 5 bedrooms offer very pleasant living spaces. Total 780 m² of private housing plus 340 m² of common areas (ground floor with reception and office, corridors and small waiting rooms on the upper floors). Total 1112 m² on 5 levels. The refined decoration has been thought out with care and attention to detail. A beautiful 60 m² meeting room allows the organization of seminars throughout the year.It can be easily transformed into an apartment (existing kitchen and electricity and water connections). All the accommodations have individual meters.
Possibility of creating a restaurant (extraction duct in place).
Turnover up 2023: 531,000 euros, Rent: 12,500€ excl. tax/month
13 cellars rented in the basement. for an additional rental income of more than 15,000 euros per year HC. Short, medium and long stay clientele.
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