298m² Commercial for Sale in Limassol District

Limassol district Posted 2 years ago Updated 3 months ago

298 m²Covered area

Pre-OwnedCondition

2017Built

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1st Class Homes Agency · Reg. 690 · Licence 367/E 6,646 for sale

About this home

Business for Sale (Restaurant/Bar) located exactly in the heart of City Center and Limassol’s nightlife.
The Sale of Business includes two properties together.
The First property currently operates as a famous restaurant bar. It has a valid full Restaurant/Bar
License.
The property consists of ground floor area, mezzanine level and an outdoor area.
Ground Floor: Cover area of 100m2 which includes the Bar Area, Dining/Seating Area and Kitchen
Mezzanine: 33m2 that has Toilets and Storage Rooms
Outdoor Area (is included in the permits): 150m2 Useful Outdoor Space
The Second property is an open plan space located next to the first property. The second property has a License for Snack Bar (the owner is currently using it for storage and entertaining space).
It consists of ground floor area, mezzanine level and outdoor area.
Ground Floor: 90m2 fully open plan space
Mezzanine: 25m2 with Toilets and Kitchenette
Outdoor Area: 70m2 Useful Outdoor Space
The price for Sale the of Business is €550.000 + €1500 monthly rent for the properties according to long-term rental agreement.

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Reference: 44053
Property type: Other Commercial
Construction year: 2017

What it will really cost

Asking price€550,000

Title transfer fee ~€18,600

Estimated total€568,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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