Hotel Property for Sale in Veliko Turnovo, Bulgaria - £503,344

This hotel is set in a stylish and authentic building in the liveliest part of Veliko Tarnovo. It faces one of the main streets of the old capital. Some rooms reveal breathtaking views to the old town, Asenevtsi Monument and the Tsarevets Castle.

The location of the hotel makes it a very convenient place to stay for business trips (main administrative and commercial offices and buildings are in the vicinity); for part-time students (two of the campuses of University of VT are just round the corner); for people seeking entertainment or fans of events, cultural, historical and other type of tourism.

The property consists of two buildings with a total of 45 bed capacity, an overall of 16 en-suite bedrooms with a total area of 670 sqm and 320 sqm garden. The main building of this family hotel is situated on 3 floors with a total area of 450 sqm and has 25 bed capacity. The building also has a bistro (50 seats), reception, breakfast room, kitchen, a small garden, CCTV, ventilation, etc.

The property is equipped with gas central heating, central chiller system cooling through convection with individual control for each room, constant hot water through solar collectors during the summer and gas heating in the winter, noise and thermal insulation, and PVC double glaze windows.

The secondary building of this Veliko Tarnovo property has an additional 20 bed capacity and a total area of ​​220 sqm, with a small garden of 80 sqm. It was completely renovated in August 2012, has southern exposure, panoramic views and modern furnishing.

This hotel is the only building on the main street which has gas, fiber-optic Internet network, digital TV, and parking. The renovation works in both buildings are implemented using quality materials from leading companies covering all requirements for thermal and energy efficiency. This is an excellent opportunity for investment at the very heart of Veliko Tarnovo.