Guildprop - 4* Unique Hotel Residences & Spa Opportunity
4* Unique Hotel Residences & Spa Opportunity
RUE DE LA GARONNE SAINT-RAPHAEL
COTE D’AZUR FRANCE
• Predominantly held Freehold
• 17 Ensuite rooms (40 beds) in total
• 4* with excellent visitor reviews
• Centrally located in established prime tourist location
• Newly developed & opened in 2017
• 70% Occupancy
• 2024 Forecast - T/O €800,000 with GOP €275,000
• 10 Ensuite rooms with kitchenettes
• Price equating to €235,000 (Euro) per room
• Price equates to €7,477/Sq M (based on the useable hotel area)
• www.unique-hotelresidences.com
PROPOSAL
We are instructed to seek offers in the region of €4,000,000 (Four Million Euro), subject to contract.
LOCATION
The hotel is located in the heart of Saint-Raphaël, a resort situated on the famous French Rivera coast which boasts 36,000 inhabitants.
The city of Saint-Raphaël is nestled between the sea and the protected areas of natural forest and the Esterel mountains. It has managed to preserve its authenticity, and is committed to preserving its natural and cultural heritage.
Saint-Raphaël is located at the extreme eastern end of the Var and the area has a total of thirty-six kilometres (22 miles) of Mediterranean coastline, owing mainly to the many coves and creeks formed between the natural region of the Esterel Massif (Massif de l’Esterel) and the sea.
St Raphaël is semi detached with Frejus and there is an economic link between the 2 towns, ‘Esterel cote d’azur’, which between them have over 100,000 residents.
Saint-Raphaël benefits from four large sandy beaches: one near the city centre, called the Veillat; one at Boulouris; one at Le Dramont, and the fourth at Agay. There are two smaller ones at Anthéor and Le Trayas.
The hotel is strategically located at the junction of the port, the beach, the train station and the historical centre. The location being suitable to attract both business and leisure guests.
The Saint-Raphaël conference centre and Santa Lucia marina are also located close to the hotel and during the summer, the number of visitors increases by 31%.
TRANSPORT LINKS
Saint-Raphaël is well located for transport links:
Rail - Saint Raphael/Fréjus is on the main rail line for ser vices between Paris, Lyon, the Riviera and Italy including the TGV high speed train. It is also a “Train-Auto Accom pagne” station for travelling with your car between the Riviera and Paris.
4 hours 30 min from Paris by TGV.
Air - Nice Airport: France’s 2nd largest airport and the nation’s leading destination for low-cost carriers is located approximately 60km away (being 60 minutes by car & 90 minutes by train)
Road - Saint-Raphaël is well located on the A8 (Junction 38)
Saint-Tropez: 39 km (24 mi)
Cannes: 41 km (25 mi)
Nice: 66 km (41 mi)
Toulon: 75 km (47 mi)
Monte Carlo: 89 km (55 mi)
Marseilles: 111 km (69 mi)
Montpellier: 270 km (170 mi)
Lyon: 415 km (258 mi)
Paris: 695 km (432 mi)
St Raphael
DESCRIPTION
The 4* hotel & residences opened in 2017 and is arranged over 5 floors (ground floor and 4 upper floors), providing 17 ensuite bedrooms, bar, breakfast room, conference room, reception and a wellness & spa facility.
The hotel totals 535 Sq M (useable space). The spa totals 180 Sq M and the conference room provides 108 Sq M.
The hotel accommodation layout is spacious with an average room size between 20 and 30 Sq M. 10 rooms are equipped with a kitchenette. 40% of the rooms overlooking an interior courtyard and 60% overlooking Rue de la Garonne. The building is equipped with double glazing, one lift and is air-conditioned.
The hotel does not have a car park, but uses 3 spaces (held on permits) located in front of the ground floor of the building, and the public car park is located just 2 minutes away on Kennedy square.
The hotel also has the benefit of 4 pavement terrace licences.
The hotel has a contract with the restaurant and private beach ‘Les Sablettes’ which is located 100m from the hotel and offers sun loungers and refreshments.
Please visit the hotels website at www.unique-hotelsresidences.com
Accommodation Schedule
Ground Floor - Entrance lobby, reception, breakfast area, bar/cafe, laundry, storage, IT room, workshop, office and toilet.
4th floor - 1 studios suite & 2 standard double room
Wellness & Spa - Opposite hotel
Conference Room - Adjacent to hotel
TENURE
The hotel & spa (excluding the spa nail bar) are both held freehold.
The conference room and spa nail bar are held leasehold.
HOTEL PERFORMANCE & PROJECTIONS (Inc Spa & Conference Room)
The above figures have been provided only as a guide by the existing hotel management and are no guarantee of future performance.
Source: Hotel Management
ANTI MONEY LAUNDERING
A successful bidder will be required to satisfy AML requirements.
FURTHER INFORMATION
Interested parties will be required to complete an NDA in order to receive detailed information on the opportunity.
For further information, please contact:
Richard Davis
rd@guildprop.com
+44 (0) 7818 096559
Philip Johnston
pj@guildprop.com
+44 (0) 7870 555744
guildprop.com +44 (0) 20 3745 0397
Fifth Floor 167-169 Great Portland Street London W1W 5PE
Guildprop for themselves and for the vendors in this proposed transaction, whose agents they are, give notice that (i) all information in this report is provided as a general outline only for the guidance of intending purchasers and constitutes neither the whole nor any part of an offer or contract; (ii) all descriptions, dimensions, references to condition, financial information and necessary permissions for use and occupation and other details may be summary and may have been provided by third parties but are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but should satisfy themselves by searches, enquiries, surveys and inspections or otherwise as to the correctness of each of them; (iii) no person in the employment of Guildprop has authority to make or give any representation or warranty whatever in relation to this property and the vendors and Guildprop accept no responsibility or liability for the accuracy or completeness of any information in this report; (iv) no part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Guildprop. September 2024
