French Lakes For Sale
   Diobas Worldwide Project Viability Analysts

  Research and Development Consultants

  Updated Thursday July 3rd 2008

* PLEASE NOTE : At present we are extremely busy due to our Cod research program and video commitments so although all e-mails will be answered it may take a little longer than our usual one hour target to respond. Priority will be given to all enquiries related to our share issue and the Freshwater Cod program.*

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The Brehelu Lakes

Updated Thursday July 3rd 2008

PRIVATE FINANCE AVAILABLE IF NEEDED

Situated in the Bretagne region and set in a beautiful undisturbed valley these two lakes benefit from an extensive habitat correction program that has cost in excess of £80k and are now in pristine condition.

       

 

Location : Near Mouron, 1hr  drive from the nearest port of St Malo
Schools, village stores - within 20 minute drive.
Supermarkets, garages etc within 25 minute drive.
(Exact location will not be revealed at this early stage for security purposes as the site is frequently unattended)


     

     

Background as follows :
 
We first became involved in the lakes around four years ago. We were approached by the owner who somewhat naively had purchased the property with a view to running a Carp fishery.
As is often the case, he had bought the property with two other business partners without having any experience of running a fishery and aided only by a website that no one would ever see expected Carp anglers to come flocking in which was never going to happen.
After a two year period, during which little progress was made, he contacted us to see if we could help.
 
Having completed a viability portfolio, which may be available to any future purchaser, we embarked on a full lake restoration program at a cost in excess of £80,000.
We eventually took the lakes over with a view to developing the property and acquired extra adjoining land with building consent.
As our various companies objectives moved focus we have pretty much ignored the property for the last 18 months or so as our interests have been elsewhere and now have neither the time or the desire to develop further properties in France, hence it is up for sale.
 
Current stocks are low, mainly Carp to 25lb or so plus Tench and a few Pike, we do have a full underwater survey portfolio available but as with the viability study these reports will not be made generally available and we will only release them to prospective buyers that we feel are serious about the property as we have far too many enquiries from people who have no real prospect of being able to find the funds. 
Although there are building plans available for a three or four bedroom property this has not been constructed and the only building on site at present is a large 50ftx 15ft aprox secure shed used for storage.
The site is set in beautiful countryside and is isolated from the road with it's own access and private roadway. Extra adjoining land is available if required for an additional dwelling.
In short the site is ripe for development, we have a good relationship with the local mayor and 24hr fishing is not a problem with regards to licensing etc.
 
Current offers as of close of trading last Friday are in the region of £185k  ( with adjoining building plots ) and £145k ( lakes and fields only ) but we have not as yet decided on the right buyer as their success in the venture will reflect on our own companies.
The current offer price is around 30% below a realistic valuation but we are purely seeking to recover expenditure rather than profit especially as our interests now are primarily in the USA.
Private finance may be made available to the right buyer via our managing Director on either a low interest rate or perhaps a profit share basis. 
A full support package can also be made available via both Supafish and Diobas should it be required complete with full internet coverage and general advertising etc. With our websites averaging 200,000 hits per month we can obviously be of significant help to any new owner on a consultancy basis.

Plenty of photographs are available should your interest progress further and viewing appointments are currently being taken for the end of April.
Contact our Managing Director via admin@diobas.com for further details. Please ensure that you put ' For the attention of the Managing Directors Office ' in the subject line of any e-mails as we receive thousands a day relating to other programs, particularly our freshwater Cod research project, otherwise a response may take several days.

BOOKINGS TO VIEW NOW BEING TAKEN FOR JULY 26th/29th. Contact :   admin@diobas.com

 

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