Great Opportunity
A lovely English style pub and restaurant established for 5 years, with traditional dark wood interior and a well established year round expat clientele making it an all year business. Selling price includes; Lease, fixtures and fittings and Full Restaurant Licenses with comfortable seating for up to 100 people.
Traditional
This is, a rare opportunity to buy as traditional an English pub as you’ll find in Cyprus. It’s on a corner for starters, with wooden decking and comfy seating outside on the shaded, beer terrace, inside its cosy, with lots of dark wooden beams, bar stools, pictures and railway memorabilia and a gorgeous open fire for the winter, to warm your brandy on … with regular eat-in clients and a successful food theme nights and entertainment programme …
Property Information
Real Estate: Renewable 5 year lease
Lease Terms: The lease has 1 year left but a new 5 year rolling lease will be given by the landlord
Location:
Situated in Chloraka, a excellent location with many expats living in the area. Close to major supermarket and on a main road used for thoroughfare from the Chloraka coast into Chloraka village attracting many international visitors.
Premises Details:
It’s a 2 Storey building, with plenty of storage space and scope for a further bar area or function room on the second floor. There’s a large fully equipped kitchen, large cellar, ladies and gents toilets plus staff facilities. Inside seating for 65 people, outside seating for 35 people. There’s a car park to the side of the building and ample on street parking
Notes:
There’s plenty of scope for improvement of the business including; increasing the working hours, enlarging the menu, renovating the first floor space, into a games and sports room with pool table, darts board and tv screens. The landlord has granted permission to reinforce the floor and put in doorway at the top of the stairs into the area allowing Pool and Darts leagues teams within the Paphos district …
Asking Price
€75,000 Includes Furniture, Fixtures & Fittings
Sales Revenue
€100K – €250K
Cash Flow
Available on request
Help
I was surprised to find out Chris and Amy were thinking of moving on but understood their reasoning completely … There’s a great team of 3 part-time staff and their happy to support the new owners and help for the first week introducing to suppliers and currently how the business operates … naturally all current Social Media goes with the deal and you can contact the owners Amy or Chris direct below; and btw; tell them Tony said you have to go and see it, coz I know you’ll love it 😉
A rare opportunity to buy a traditional English style pub!
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