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This property is currently UNDER OFFER. If this notice disappears it is back on the market

House in Panassac , Gers , Midi-Pyrénées (Occitanie)

€168,123 €79,995 (HAI)** £67,498**
Ref: 91880DBO32
french property for sale

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Reduction from €168,123 to €79,995
Former restaurant with 4-bedroom accommodation; great investment opportunity, ripe for development

Siret number: 909021362
Price €79 995 (HAI)**
**agency fees included : 10 % TTC to be paid by the buyer
(€72 723 without fees)

Reduction from €168,123 to €79,995
Ref 91880DBO32
Town PANASSAC
link to google map MAP
Dept Gers
Surface 220 M2* Plot Size 1020 M2
Bathroom 2 Bedrooms 4
Location
  • 50km or less to airport
Type
  • House
  • Bed and Breakfast
  • Family Home
Features Condition
  • To be renovated
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Print description
drapeau Français Voir l'annonce en français
Former restaurant in prime location in need of renovation. Great business and/or residential possibilities. Ideal for someone with vision and imagination to harness its potential and create a stunning space!
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The property has a roadside location with significant parking space to the side. The D929 is the main thoroughfare from Auch, the capital of the Gers, through Masseube, Tarbes, Pau and onwards to Spain; a road well used by locals and tourists. This means that the premises would be suitable for a range of activities – restaurant (as before), petrol station (as in the distant past) with shop etc or could be converted into a beautiful home or apartments for rental/Airbnb.

The property is very spacious, and the layout of the residential side is extremely adaptable. With imagination, this could be an incredibly special project. .

The previously successful restaurant served breakfasts, lunches and evening meals and provided regular entertainment. It was extremely popular and had a wide catchment area. The property has been unoccupied for approximately four years and is now ready for an injection of new life.

The majority of fittings have been removed therefore, should you wish to re-open the business as it was, this should be considered.

The studio apartment to the rear of the ground floor could easily be recommissioned, allowing the owner or developer to live on-site whilst the renovations to the remainder of the building are completed. [Bedroom (18 m²) shower room (4,5 m² with walk-in shower, toilet, washbasin), equipped kitchen (5 m²)].

The property is connected to the mains sewage system.

The current heating system is oil fuelled.

The water and electricity are disconnected but this can easily be reinstated by the purchaser.

Finer details:
The ground floor has been used as a bar restaurant and previously had a Category 3 licence.
Entrance, 20m² on a terra cotta tiled floor, access through to cafe-restaurant.
Double living room, 16m² plus 14m² with fireplace and original glazed cupboard to one side. This could easily be remodelled into a beautiful open-plan living space.

1st floor :
Landing, 14m².
Bedroom (1) 16m², with fireplace, built in cupboard.
Bedroom (2) 16m².
Bedroom (3) 16m².
Fourth room, 17m², with the Shower room with shower,toilet, washbasin.

The property is in need of renovation/remodelling but, with vision, has huge potential for development.

Former restaurant area with up to 58 covers. Previous layout consisted of:
Large dining room with bar (65 m²) and orangery (34 m²), terrace ( 32m²).
Washing up room, 8m².
Two toilets.
Storage/workshop with cold room, 36 m².
Hallway, laundry, etc, 12 m².
Office (5 m²).







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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr


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Diagnostic de Performance Energétique
réalisé après le 1er juillet 2021

Logement très consommateur d’énergie
Coûts annuels énergies estimés
entre 2952 € et 3994 € pour 2032