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"10 bedroom hotel for sale"

Buy price
CHF 4,683,000.–
Rooms
9

Location

Le Central Restaurant Hotel, Route de la Telecabine 5, 1918 La Tzoumaz

Costs

Buy price:
CHF 4,683,000.–

Main information

Available from:
By agreement
Type:
Hotel
No. of rooms:
9

Description

Current Situation

The main floor totalling 237m2 comprises a bar, restaurant, entrance hall and washing up area. There is a large outside area totalling 140m2, and 280m2 of car parking.
Upstairs in a half floor totalling 107m2
On level -1 there is currently a restaurant area of 102m2, the guest toilettes and kitchens totalling 110m2, to give a total internal space of 211m2
On level -2 there is currently a garage of 102m2 and technical space covering 108m2, to give a total area of 211m2.
The total internal surface of the building is 766m2, and the maximum habitable area of the plot is 964m2.

Proposition

We recommend the following layout.
1) On the principal floor, utilize the northern 75m2 to make three double bedrooms with ensuite bathrooms. Of the remaining 162m2 internal and 140m2 external, exploit a single bar/restaurant with kitchen, stores and toilettes.
2) Extend the upper floor above the bar to give a living area of 237m2, Redesign the layout to have 10 double bedrooms with ensuite bathrooms
3) On the -1 level, redesign this floor to have 10 double bedrooms with ensuite bathrooms
4) On the level -2, maintain 50m2 of technical and storage space, 60m2 of staff accommodation, and convert the existing garage into a gym with sauna for the hotel.

Renovation costs: We estimate an investment of 2.5million chf to completely renovate the building in line with the above to a high standard.

Revenue
23 Bedrooms x 170 chf / night average after costs x 60% occupancy * (120 nights ski season + 60 nights summer) = 422,280chf / year
Bar / Restaurant either rental or net profit of 60,000 chf / year
Total return 480,000 chf / year.

Advertiser

4vallees4saisons.com
4vallees4saisons.com
Batterie de la Poste 149
1918 La Tzoumaz
Listing ID
3003552952
Object ref.
RS1136

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