Surf Bar for Sale on the beach Hossegor Sw France in St. Ives

£505,000
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Ad ID: 34811857
Posted:
1 week ago

Description:

Surf Bar for Sale on the beach Hossegor Sw France
hello, im a British surfer been living here in Hossegor for 20 yrs, and i own 2 bars on the beach. because im getting older and have kids etc im struggling to run both businesses efficiently so have decided to sell one of the bars.
i own both the freehold and the leasehold, and am selling them both together.
FREEHOLD (the walls) ¬340000
Leasehold (the bar) ¬240000
if you are only interested in the leasehold the rent is ¬28000 per year.
its a great surf town , one of the stops on the world tour, and im selling the business based on its annual turnover of around ¬250000 per year, which in the right hands could be doubled, but i just dont have the time needed to put into the business.
i have detailed annual accounts for the last 4 years available from my accountants, and the bar was completely renovated in 2014.
it has a huge beach side terrace also for about 100 people
look forward to hearing from you
Leslie

Price: £505,000

St. Ives
Joined: Mar 2016
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