The asset is a Luxurious Bar - Restaurant (Business) in Walled Nicosia Center. This Business is located at a pedestrian street, very close to Eleutherias Square.
The building is more than 50 years old and has aprx. 260 sq.m. internal size, plus the front pedestrian area, aprx. 40 sq.m., that is permitted to be used with a special discount from the municipality.
The Restaurant has been in the market from 1993. Since then full Renovations have been done inside-out and the last decorative renovation took place two years ago.
The entrance is made of two traditional wooden doors. The frontage is made of folding metal - glass doors letting the natural light and the nice afternoon breeze in the dining area. The dining area is big enough to hold 44 seats plus the private dining room on the upper floor big enough to hold some 15 people. Further more there is a wine cellar, the bar area with a cava, the kitchen and male and female WC.
The materials used are one of a kind. Sofas and chairs, dining tables and equipment such as crystal glasses, porcelain plates, luxurious Knives and forks as also all other decoratives.
The space has full sound system, fire Alarm and CCTV system, electric tents, coffee machine, Airconditions also in the CAVA, cava storage room and kitchen equipment.
All licenses are being valid the last 20 years, as a Bar - Restaurant, with lot of benefits by COT organization. Some of are the need of no parking space.
The rental agreement of the restaurant is at a low cost since the start, and is willing to be solid.
Available also without the equipment at a lower price.
Condition: Excellent Condition
Covered Verandas: 0 m²
Land area: 0 m²
No. of Balconies: 1
Renovation Date: 2018
Storehouse: 0 m²
Uncovered Verandas: 0 m²
Years of Operation: 26 Years
Energy Class: F