Investment Property in Limassol

#BCP7368

€ 700,000

Limassol, Limassol

Overview

  • Bed Rooms 1
  • Bath Rooms 1
  • Plot 0
  • Area Size 200
  • No

A well established prime freehold property and Bar/ Snack Bar night-life venue and brand since 2013, Bar/Snack Bar now available for sale, located in the heart of the historical part (Old Town) pedestrian area of Limassol, with regular all year round clientele.

The customers are a mixture of local residents as well as international visitors, with the bar offering a variety of regular events and seasonal themes to cater for all tastes - such as live DJ's, shows, and participation in charity events such as Movember.

Features:

Leasehold Rent € 30,000 per annum

Seating (150 inside + 80 outside)

The Bar/ Snack Bar consists of 3 shops i.e. the Bar/ Snack Bar (2) and extra annex that is currently being used as a Shisha/ Hookah hangout.

2 floors

Internal area : 200m2 + 20m2

WC's: 2M + 2F

Extra WC + Shower for staff

Fully furnished & stocked

Audio (state-of-the-art Pro Audio system)

Visual (Dynamic LED big screens for video clips and presentations

Lights (pro lighting and entertainment system)

Fully Air-condition (4 units)

Security (CCTV)

Electricity Supply - 3 phase

Fully equipped kitchen

Cold storage

Storage 2 x downstairs + 1 x upstairs

The Bar/ Snack Bar has all necessary licenses and permits required by Town Planning, Cyprus Tourism Organization, Health Department & Fire Regulations:

Snack Bar License

Liquor license

Music license

Operations license

Gross Revenue Euro 400K