Medieval Property with Restaurant and B&B Business REDUCED For Sale

Business description

A rare opportunity to purchase a 4 storey FREEHOLD PROPERTY (les murs) with RESTAURANT & BAR (LICENCE IV) and B&B BUSINESS (Fond de Commerce) in the medieval village of Auribeau-sur-Siagne just 10 mins. from Cannes en route to the tourist attractions of Grasse Perfumeries.

The asking price for the freehold Property plus the Business, all furnishings and equipment throughout is 850,000 euros (it was valued at 1.2 million euros last year). We can help with arranging financing/ some owner financing possible – we’re open to offers/suggestions. PRICE NEWLY REDUCED as owners moving overseas. First come first served!

An established, successful Restaurant & Auberge business for many years with a good French & tourist clientele, this property is situated in one of the most picturesque Medieval villages of the French Riviera close to the glitter of the Cannes film festival, just 25 mins. from Nice International Airport. Local attractions: Beaches, shopping, golf, tourist attractions of Cannes (Cannes Film Festival/Boat Show). 40 mins from Monaco (Monte Carlo Casino/Palace/Grand Prix) and St. Tropez.

Listed in the Michelin Green Guide, and featured on LWT Television's 'AIRLINE' programme.


Featured:

THE RESTAURANT AREAS:
• Ground Floor Restaurant with Public Bar (25 covers). Licence IV (very sought after since limited in area).
• Upstairs Restaurant Function Room (40 covers).
• Terrace Dining with panoramic views (50 covers).

REAR SUN TERRACE: Large rear Sun Terrace can provide additional Drinks/Snacks/Tapas area, with staircase leading to the Restaurant/Function Room below.

Staffing: A Buyer can put in his/her own team – there are no contracts to take over.

Tenant Income: Interested party would like to run their own business which would provide the purchaser with immediate rental income and/or where the purchaser and tenant may be interested in a joint venture/profit-share arrangement. There is no obligation to take up this opportunity, it would be up to the purchaser whether or not that would be of interest.

OPPORTUNITY FOR ADDITIONAL INCOME GENERATION
• The self-contained Apartment can be used for owner live-in, or could be rented out separately.

• Consider converting the top storey (2 Bedrooms) into a Penthouse Apartment with sun balcony either for owner live in, or to rent out separately.

• The large Function Room adjoins the self-contained Apartment, so they could be combined to create a very good sized ‘house within a house’ – i.e. possibility for development with no/very little change needed to the actual structure.

AMENITIES: 10 mins. off the main A8 motorway. Local Schools, Mougins International School, Hospital, Supermarkets, bakers, petrol stations, doctors, post office and shops in Pegomas village (minutes). 10 mins. from ‘METRO’ (Catering Supplier), 10 mins. from Beaches of Mandelieu and Cannes, Golf Courses, 20 mins. from Nice International Airport, 40 mins. from Monaco.

Property information

Real Estate:

Real Property Included

Other information

Reasons for selling:

Have sold other interests in Europe to develop main business overseas.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable