06400 Cannes 1,615 SF Retail Building $1,509,206 ($934.73/SF)

Located in the heart of Cannes, on a street with high tourist and commercial foot traffic, this property boasts an exceptional strategic location offering maximum visibility and a particularly dynamic catchment area. The offering includes the sale of the commercial premises as well as the business assets of a successfully operated restaurant, representing a rare opportunity. With a surface area of approximately 1,615 square feet (150 m²), the establishment has a seating capacity of about 140, including 90 indoor seats and a beautiful terrace with around 50 seats. Its layout, divided into several spaces, allows for the creation of different atmospheres and easy adaptation of the customer experience depending on the time of day or the operational concept. The restaurant is equipped with a fully fitted professional kitchen featuring modern, well-maintained equipment, enabling immediate resumption of operations without the need for renovations or staff transfers. The establishment enjoys a loyal and high-quality clientele, including local residents, tourists, and conference attendees, ensuring steady business throughout the year. It also offers significant growth potential and has demonstrated excellent and consistent profitability over many years, driven by its diverse customer base and the area's vibrant activity. The commercial premises also represent a high-quality investment opportunity, offering strong rental yield potential in one of Cannes' most sought-after locations. The sale is motivated by retirement, presenting a rare market opportunity. Agency fees of 6% apply, payable by the buyer. THIS PROPERTY IS AVAILABLE THROUGH AN INTERACTIVE SALE PROCESS, subject to a PROGRESSIVE PRICE AUCTION: proposals will be received online from March 24, 2026, to May 3, 2026. The price displayed in this listing corresponds to the initial possible offer price, including negotiation fees or fees payable by the seller. Participants may submit their proposals in minimum increments of €20,000 until the closing time of the interactive auction (as specified above). Participation in the auction is subject to prior approval. All proposals will be forwarded to the seller, who will remain free to select the offer they wish to accept. An online proposal during the interactive auction does not constitute a firm and precise offer within the meaning of Article 1114 of the French Civil Code but rather a purchase proposal. For more information on potential risks associated with this property, you can visit the Géorisques website: www.georisques.gouv.fr.