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Restaurant for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Restaurant for sale in Limassol Municipality, Limassol 6417 Limassol Municipality
550000 €550,000  ($582,283)
Restaurant
Limassol Municipality, Limassol

€550,000  ($582,283)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $20,380

Average Bank Rate (€550,000)
1 USD = 0.9126 EUR
$602,663

Mid-market rate (€550,000)
1 USD = 0.9446 EUR
$582,283

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1365502 (24907)

Description

Explore an exceptional business opportunity situated in the heart of Limassol's Old Town, right at the vibrant Old Market. This well-established business, operational since 2012, has cultivated a loyal customer base and is positioned at the epicenter of the city's nightlife scene.

The premises boast charming stone walls and cozy lighting, creating an inviting atmosphere across the three interconnected shops. Spanning 200sq.m. of ground floor covered areas, the space features a spacious main area with a large bar, a smaller bar, a DJ booth, and comfortable seating areas.

Additionally, there is a fully equipped kitchen, a food storage room, a drink storage room, and a walk-in fridge storage, ensuring smooth operations. Staff facilities include a toilet and separate facilities for male and female guests.

Step outside to enjoy the beautifully decorated 80sq.m. outdoor area, perfect for alfresco dining or relaxing. At the rear, there is a dedicated shisha lounge, adding to the allure of the business.

With a gross income of 400,000 EUR annually and a monthly rent of 2000 EUR, this business presents an excellent investment opportunity. Don't miss the chance to own a thriving establishment in one of Limassol's most coveted locations. Contact us today to seize this exciting opportunity!

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,008 ($1,067)
If buying on joint names
€1,008 ($1,067)
Transfer fees
If buying as an individual
€18,600 ($19,692)
If buying on joint names
€15,200 ($16,092)

Disclaimer - Property reference 1365502. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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