Cannes CANNES – CITY CENTRE, STEPS FROM THE PALAIS DES FESTIVALS

$8,500,000.00

Overview

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Property Description

Located on a sought-after street, just a short walk from La Croisette, this fully renovated building — redesigned in 2012 — offers 933 sq m of floor space spread across three levels, complemented by roof-top terraces totalling 238 sq m.
The floors are regularly leased to major international corporations during Cannes' world-renowned festivals and trade shows. Each tenant enjoys a fully privatised space, fitted out to their own standards, combining prestige, exclusivity and an unrivalled central location.
The venue has a capacity of 299 guests.
Operations run primarily from March through October, with an average turnover of €500,000 excl. VAT over the past three financial years, generating a particularly strong cash flow.
A change of use is feasible, subject to a long-term ground lease arrangement with the neighbouring public car park.
The renovation was carried out to the highest standards. A full technical file is available upon request.
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