Exclusive 4 bedroom Estate for sale with countryside and panoramic views in Creon, Nouvelle Aquitaine
With a total area of approximately 79 hectares of which 48 hectares of AOC Bordeaux/Entre-Deux-Mers/Cadillac Cotes de Bordeaux vines and approximately 9 hectares of vines under 'fermage' a farming lease contract, giving a total of approximately 57 hectares of planted AOC vines. The average age of the red vines is about 25 years and about 17 years for the white vines.
The estate has a consistently profitable and stable company EBITA with excellent domestic and international distribution for its critically acclaimed wines which ...
With a total area of approximately 79 hectares of which 48 hectares of AOC Bordeaux/Entre-Deux-Mers/Cadillac Cotes de Bordeaux vines and approximately 9 hectares of vines under 'fermage' a farming lease contract, giving a total of approximately 57 hectares of planted AOC vines. The average age of the red vines is about 25 years and about 17 years for the white vines.
The estate has a consistently profitable and stable company EBITA with excellent domestic and international distribution for its critically acclaimed wines which have won numerous awards. Their outstanding brand is shared amongst 13 trademarks in 2 ranges for reds, white and rose, a classic and a modern range to target specific markets and age groups. The strategy is well thought out and the management team have a proven track record of success. The strong stable management team will remain at the estate post sale.
The vineyard is conforming to HVE3 standards and the vineyards are completing their conversion to organic certification. The operating buildings and equipment are in excellent state of maintenance and are fully modernised: 2 vat rooms, barrel store, bottling and wine storage room, equipment shed, outbuildings and 2 offices.
Average total production per year of between 250,000 and 290,000 bottles of high-quality wines. The wine stock is not included in the purchase price.
The estate has a beautiful chateau residence type 'maison de Maitre' with a swimming pool in good decorative condition with a total living area of approximately 400m2.
This Bordeaux vineyard is a market leader and a strong candidate for someone serious about entering or expanding their position in the wine industry.
FEATURES
Swimming Pool
Electric Gate
Well drilling
Internet
Fireplace
Vineyard/Wine Making
Fireplace
Cellar
Kitchen
Study
Unobstructed Views
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This Estate is located in Creon in France
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Buying a Property in France
1. Signing the Agreement (Compris)
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.
The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.
Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.
2. Paying the Deposit
Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.
3. On Completion
Generally it will take around two or three months to complete the purchase.
During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.