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Commercial for sale

Coral Bay, Peyia, Paphos, Cyprus

£128,910 *  [€150,000]

Commercial for sale

Coral Bay, Peyia, Paphos, Cyprus

£128,910 *  [€150,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 10
  • Habitable space: 575 m2

Features


  • 1 Conference Room
  • 1 Office
  • 1 Reception
  • Air Conditioning
  • Bar
  • Cafeteria
  • Fully equipped kitchen
  • Fully Furnished
  • Guest toilet
  • Guest WC
  • Restaurant
  • Separate Kitchen
  • Utility
  • Water pressure system
  • Wheelchair facilities
  • Balconies
  • Double Glazing
  • Private parking (uncovered)
  • Solar System
  • Storage room
  • Airport: 30 min drive
  • Beach: Walking distance
  • Golf: 30 min Drive
  • Town: 10 min drive
  • Investment Opportunity

Full Description


Business (good will) for sale, not the building. 
Fantastic opportunity for investment. Fully renovated and fully equipped restaurant ready to open and make profit. Perfectly located close to some of the best hotels in Coral Bay - Paphos and lots of luxury holiday villas nearby as well. 
The restaurant has a huge potential to be operated as a snack bar/restaurant/fine dinning/lounge bar and even for events and weddings. The property can seat approximately 100-120 customers and it is split on two levels. Large covered and uncovered balconies. 
Main fully equipped cold/hot kitchen on the ground floor, separate dish washer room, bar, storage room, and the disable toilet. Downstairs you have the main guest toilets, the preparation kitchen, large fridge/freezers, wine cellar, storage rooms and the main office. There is a small lift for plates and glasses that connects prep kitchen with kitchen & first floor bar. First floor offers a large seating area, a secondary bar, storage room, customer toilets and a large balcony for outside seating area. There is also a separate entrance from the balcony. 
The restaurant has the potential to be open all year around as the location attracts not only holiday makers but also locals. The current owner is also willing to assist the new owner with the opening and properly running the place and even help them with the setting of the menu. 
All licenses and legal permits are up to date and restaurant can run with no issues.
*All sizes are approximate.
Please ask us for more information and rental fees.
 

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