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