Irish Bar In The French Alps For Sale

Business description

Lily's Grill, Alpe d'Huez, Southern Alps, France
Bar/Restaurant business
Traditional mountain grill restaurant with 4/5 bedroom ground floor apartment included. This cozy alpine bar & restaurant is inside one of the original chalets of Alpe d'Huez ski resort. Many of the original fittings are still in place including large open fire and solid wood beams throughout. The property is situated next to two of the main ski lifts of the resort. Recently the restaurant has had a full bar added to it and been run, successfully, as a grill and bar with live music. In the summer months the south facing balcony is a perfect sun trap. Recommended viewing during ski season, with full handover and training included in sale price.

Property information

Real Estate:

Lease

Lease terms:

Leasehold. rental revision every 9 years. Rent fixed in 2007 for next 9 years.

Note this business can also be subleased for €50,000 per annum for the entire building.

Leasehold rent:

€30,000 per annum

Living accommodation:

The business property comprises of a downstairs 4/5 bedroom apartment, one of which is en-suite. Separate Toilet / shower room. Two ski storage rooms, Fuel room, laundry area, storage room. This apartment has the flexibility of installing separate access so that the apartment could be rented out during the ski season and summer season as a separate entity to the Bar or alternatively used as accommodation for staff.

Location:

Alpe D’Huez is a top International ski resort situated in the southern French Alps. Its high altitude, vast & varied ski terrain and numerous snow cannons bring . The cable cars run throughout July and August bringing to the area walkers and mountain bikers for summer trade. As this resort is at a high altitude snow is almost guaranteed which makes properties in Alpe D’Huez a surer investment than a property in a lower resort. A new casino is in construction in Alpe D’Huez with 100m of the properties location and the TGV train route is under construction to the nearby valley town of Bourg D’Oisons.
The property is situated within 150m to two of the largest ski lifts of the resort, enjoying all the considerable commercial advantages from walking trade for apres ski and lunch. The property is surrounded by chalets and hotels and is close to the main street of Alpe d’Huez , its outdoor swimming pool, ice skating rink, ski shops and boutiques.

Premises details:

Well fitted and presented throughout, this well maintained three storey, detached premises provides excellent Pub and restaurant business accommodation which, to the first floor, consists of an entrance directly off the main street into a main, spacious and well appointed open planned bar area leading into a large dining area with access to an upstairs interior seated balcony area . Equipped with satellite TV screen and a good mix of loose and fixed furnishings. Housing a prominent fully fitted and equipped licensed servery with full range of optics, draught pumps, chilled bottle display cabinets, etc. South facing rear balcony looking out over Main Street of Alpe D’Huez
The business has been run for 7 years as an Irish bar and Grill and the premises prior to that, was run as a mountain restaurant for 42 years by the existing landlord.

Size in square feet:

3,000

Other information

Expansion potential:

Expansion potential in renting out living quarters year round as holiday apartment.
Potential to expand kitchen for take away options, breakfast/lunch service. It is planned to run the restaurant as a take away pizzeria to make the most from the current economic climate due to the popularity at present with pizzerias and fast food in the resort.
Currently trading during ski season only, but potential to trade during summer season (Tour de France, hikers, mountain biking).

Planning consent:

Previously Fonds de commerces with licenceIV has recently been sold. This licence type can now be repurchased for approx €8,000 or rented on an annual basis.

Competition / Market:

Busy ski resort with wide range of restaurants. Only Irish restuarant in resort.

Support & training:

Full training and support for full handover during sale. On site owner willing to work with new owner for number of weeks to allow for smooth handover.

Reasons for selling:

Owners running ski holiday business and connot commit to running of Bar fulltime

Trading hours:

Previously Fonds de commerces with licenceIV has recently been sold. This licence type can now be repurchased for approx €8,000 or rented on an annual basis.
Full 7 day License, Including licence to sell alcohol until 2am 7 nights a week.
Trading currently during ski season December to April.

Furniture / Fixtures value:

€60,000 (included in the asking price)

Inventory / Stock value:

€10,000 (included in the asking price)

Related documents:

• 
• Sales Brochure

• 
• Equipment list

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• Stock photos