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3 Bed House for sale

France

£236,315 *  [€275,000]

3 Bed House for sale

France

£236,315 *  [€275,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 1

Full Description


This bar with restaurant is located in the centre of bustling village in the Limousin region, in the South-West of France. The village has about 1,600 inhabitants and it has numerous amenities such as a big supermarket, several smaller shops, a beautiful swimming lake with a campsite, a primary school, and a middle school. Many people from the area do their shopping, go to work, practice various sports, or go to school in this village.
Bar and restaurantThe bar area is over 320 Sqft and features a large glass shop window on the street side, a bar, disabled toilets and a bar and PMU (ie. betting) licence which attracts many French customers. Behind the bar there are the kitchen and pantry where meals for the restaurant are currently prepared. The old restaurant of about 250 Sqft with its stone fireplace is now used as a storage room but could also serve as a meeting room for clubs/associations, for example. From this room you can also get to the existing flat on the first floor.
On the opposite side of the bar there is the new restaurant of over 430 Sqft. The restaurant is located in the adjacent building, but there is a large doorway access from the bar area. The 2-floor space has just been completely modernised and fitted out with new furnishings. There is an OHP and a large screen perfect for meetings. The mezzanine and furnishings make this place a sought-after venue that will also be well rented out for parties. It could be a good source of extra income as little, or no alternative is currently provided to the people/youth living in the area.
Behind the new restaurant there are several areas currently under construction, which you will be able to finish developing. This is where the extra toilets, the new larger kitchen, storage room and cold store will be located. From there you can also reach a storage lean-to and the small garden behind the property that could be turned into a beer garden.
Living areasIn the former restaurant, the staircase runs up to the first-floor flat of about 730 Sqft, which consists of three bedrooms, a bathroom, and a storage room. From one of the bedrooms, you can also access the attic, but that space is not convertible.
From the area under construction behind the new restaurant, a flight of stairs runs up to a flat under construction of around 215 Sqft of area, consisting of two rooms.
Ready to startBy taking over this bar with its restaurant, you can start earning money immediately. The business, including its content and bar licence has been valued at € 125,000. The building has been valued at € 150,000. As a starting entrepreneur in the restaurant/service industry, there are various financial helps that will be available to you. There is also a lot of potential to finish developing the premises and to increase the business’s turnover.

Map may not show exact location

This property listing (ref: 22458a-861) is an advertisement supplied by House in the Limousin and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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