• For Sale €150,000
  • Price per sq.m.: €345/m²
  • Ref. No. SL17876
  • Paphos, Coral Bay
  • Business
  • 10 Bathrooms
  • Internal Covered: 375m² , Covered: 575m²
  • Veranda Covered: 60m² , Veranda Uncovered: 40m²
  • Basement: 140m²
  • Investment Opportunity

For Sale : Business - Paphos, Coral Bay

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.


Indoor
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
Outdoor
Balconies
Double Glazing
Private parking (uncovered)
Solar System
Storage room
Views / Distances
Airport: 30 min drive
Beach: Walking distance
Golf: 30 min Drive
Town: 10 min drive
Legal and Financial
Investment Opportunity

Coral Bay

Cyprus, Paphos, Coral Bay
Coral Bay is such a popular area for purchasing property as it offers all amenities such as supermarkets, shops, banks, pharmacies and much more. Coral Bay is a family oriented area with many activities to keep the whole family entertained, the perfect area for friends and families visiting. For eating out and entertainment there are an abundance of restaurants, tavernas and bars that offer international and local cuisine and drinks. The resort b...