€650,000 $677,950
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $23,728Key features
- Listing ID: 1619488 (27611)
Description
Overview
A unique opportunity to acquire the goodwill of a prestigious and well-established nightclub in the heart of Kato Paphos. Established in 2003, this glamorous venue is a cornerstone of Paphos nightlife, catering to locals, tourists, and high-profile clientele.
Key Features
Prime Location: Situated in the bustling center of Kato Paphos, surrounded by luxury hotels, restaurants, bars, and tourist resorts. Public parking for 500 cars is conveniently located opposite the club. The beach is only a 4-minute walk away.
Size and Capacity:
Total Plot Area: 986 m²
Winter Club: Internal space of 445 m², capacity for 600 guests.
Summer Club: External space of 400 m², capacity for 600 guests.
Basement: 107 m² (storage rooms and restrooms).
State-of-the-Art Facilities:
Advanced audio, visual, and lighting systems for immersive entertainment.
Fully controlled climate and ventilation system for comfort.
Robust security measures, including CCTV and crowd control officers.
Licenses and Permits
The club operates under full compliance with government and local authority regulations, holding all necessary licenses:
Disco License (Club A)
Liquor License
Music License
Operations License
Business Operation
Established: Since 2003
Trading Hours:
Winter: Open Wednesday, Friday, and Saturday from 11:00 PM to 5:00 AM.
Summer: Operates additional days with the same hours.
Employees: 25-30 skilled staff members.
Competitive Edge
This club is a one-of-a-kind venue in Paphos, making it nearly impossible to replicate. Its reputation and established brand offer the buyer a solid and thriving business.
Reason for Selling
The current owner is selling for personal reasons.
Support and Training
The seller is willing to provide comprehensive support and training to ensure a smooth transition for the new owner.
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.
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