Bar & Restaurant In The French Alpes For Sale

Business description

Large pub style bar/restaurant with terrace . The unique establishment has three tiers and enjoys a good reputation among the numerous locals and tourists all year round. It is located in a busy pedestrian square, overlooked by mont-blanc,
The bar is fully equiped and has a large and fully functional kitchen as well as plenty of callar and plenty of storage space.

Property information

Real Estate:

Lease

Lease terms:

renewable 9 year lease

Leasehold rent:

€29,000 per annum

Location:

Located in chamonix (europes largest alpine town)in a popular pedestrian square, 250m from the Aguille de midi cable car (a popular tourist destination) with an impressive view of the mont-blanc and its mountain range

Other information

Expansion potential:

There is potential to increase the day time trade and a great opportunity to exploit the restaurant side of the business to a greater extent, as presently the focus has been on the bar. the large equipped kitchen and lack of competition within the square this could easily be developed.

Competition / Market:

There are two other bars and a night club in the square, however it has never been a threat as it draws more people to the area. In fact our turn over increased when the third bar opened.

Support & training:

We would be happy to help the integration

Reasons for selling:

Mutual decision to sell.

Trading hours:

15:00-02:00

Furniture / Fixtures value:

€20,000 (included in the asking price)