The hotel is really nice, quite small, but very clean and very friendly and helpful staff. The room was really good too, the bed was so comfortable, we loved it!
We didn't have breakfast so we can't comment on that, but it is offered at 20€ per person. There are soooo many really good Boulangeries in the city, so we preferred to explore those.
Location wise it is pretty good. It's about a mile or so walk to the centre, and about another half a mile to Vieux Lyon, so if you want to be right in the thick of it, pick somewhere nearer. If you want something away from the main hustle and bustle, this is perfect. There is an absolute abundance of restaurants all around the city, so you won't have any issues wherever you stay.
The only thing I will comment on is the air conditioning. It blows nice cold air, but the flow, size (it's about 50cm wide), and positioning of the vent, make it rather ineffective. It was quite hot the first two days we were there (33 Celsius) and we had to remove the duvet and just sleep with the cover, and it didn't really improve even when the external temps dropped by 10 degrees, despite the air con being on full blast the whole time. It's probably difficult due to the building, and it's the best they can do and ultimately would have been a lot worse without it, but thought it worth mentioning.
It didn't affect our enjoyment of the stay at all though, it's just good to be prepared.