Excellent location in the center of NICE for this 68 rooms hotel spread over 6 floors
Reception with lounge area
Beautiful breakfast room with canopy
Many storage spaces
The hotel being completely renovated (except the bathrooms).
Facade completely redone
New air conditioning
Fire Alarm System New
2019 sales: €1220K EBITDA: €320K
TO: 60-65% with low OTA
Average rate : €60
Real estate rental : €15,000/month
End of lease contract : December 2026.