Follow up by 6 persons
Ad 945892 posted on 06 June 2025
£462 882 Price from
The word of the advertiser
If you want to look after horses and also wish to have a substantial rental income, this property will suit you, unless you are using it for another project ... the possibilities are numerous. Close to everything but isolated at the end of a lane, in the peace and quiet away from the first neighbours, in the commune of Grenade sur l'Adour 40270, this rare and beautiful eIt comprises 8 flats 1xT2, 1xT3, 2xT4 and 2xT5 + 2 xT2 converted into two annexes. Another annexe of approx. 150 m² x 2 possible levels could be used for additional rental space or any other equestrian development. A 10x4 swimming pool with pool house + sports room + 2-wheeler storage room + other outbuildings enhance the communal areas. This means you can accommodate horse owners with their horses on site, organise equestrian tourism, equestrian courses and a riding school. In addition to this property complex, there are equestrian facilities with 14 stalls for boarding up to 25 horses, 1 arenaThere is also a 30x50 m paddock, an 18 m diameter round pen, 3 tack rooms, 1 fodder storage shed, 5 meadow shelters, 6 paddocks, 1 well and rainwater collectors. All set on 6 ha of flat land + 15 ha adjoining land for sale via the SAFER if required, with direct access to bridle paths linking Aire sur l'Adour to Dax (~100 km). These facilities will enable you to offer horse boarding, horse trading, breaking-in, horse shows and even race training for gallopers, after making a few adjustments to the flat terrain.Most of the flats are now rented out for short stays. They are furnished and in excellent condition. The sewage system is recent and designed for 21 population equivalents. The main roofs have been redone. Potential rental income > €120 k. Possible equestrian income > 90 k€ for pension. Other income possible depending on project. Annual charges ~18000 € (electricity, water, tax). Excellent return! 15 minutes from Mont de Marsan, 1 hour from Pau, 1 hour 30 minutes from the ocean, 1 hour 30 minutes from the Pyrenees. Bordeaux and Toulouse 2 hours away.
Interactive sale at progressive prices: bids will be received on the WINUP platform on 21/06/2025 at 11:00.
The starting price for bids is €560,000 (including fees). Participants will be able to bid in increments of €10,000. An online bid during the interactive sale does not constitute a firm and definitive offer within the meaning of article 1114 of the French Civil Code, but merely an intention to purchase.
Advertiser
GLOBAL IMMOBILIER
Professional
Marc B.
40270 Grenade-sur-l'Adour - France (Aquitaine)
Location
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