A UNIQUE MEDITERRANEAN BUSINESS FOR SALE. A CAFE BAR AND FITNESS STUDIOS IN NORTHERN CYPRUS
This unique business is being sold as a going concern and is open throughout the day and evening attracting clientele from the nearby hotels and the local community. The location is in an excellent position on the seafront with lovely views across the bay, the surrounding area has been developed as a pedestrian area with a sea front promenade. The inside capacity of the restaurant is around 40 with a further 40 covers possible on the outside terracing. The two fitness studios are at the back of the restaurant with all the usual facilities included and the added bonus of stunning sea views. The current landlords are happy to discuss extended lease terms at a reasonable rental level.
- Established business
- Seafront location
- Inside & outside seating areas
- Seating for 80 to 100 covers
- Take away delivery scooter
- Two equipped fitness studios
- All refurbished
- Good potential
ABOUT THE BUSINESS PREMISE
The main restaurant area is around 240m² inside and a further 190m² outside plus additional outside seating areas on the seafront, will seat around 80 to 100 people in total. This area is informally divided into the bar area, sofa arrangements around low tables and dining area, with additional seating to the side. The toilet facilities are state of the art and serve the cafe and fitness area. The premises have been rewired and the water system updated and renewed. The kitchen is accessed through a door to the side of the bar area and both the kitchen and the bar are is fully fitted and equipped, all fixtures, fittings, and equipment are included in the sales price.
The two fitness studios measuring 48m² and 40m² are accessed through the cafe area or via a separate door at the side, it comes fully equipped including a sound system, TV, air conditioning and lockers. The large windows have lovely views out across the bay. The studios serve their purpose well but could easily be converted into additional inside seating for the cafe or private function rooms.
The Location
The vibrant town and seaport of Famagusta or Gazimagusa to give it it’s local name, is a major commercial centre that hums with life and has an exciting nightlife for those seeking it. There is a modern part that boasts numerous shops, banks, schools, medical facilities and so on, most requirements for modern living in fact. Then there is the “Old Town”. To get into the old town one enters via stone archways through the ancient city walls. Once inside you enter a vast maze of narrow roads that are filled with many small shops, historical points of interest and some excellent restaurants that will tempt you with the aromas of Turkish Cypriot dishes or well prepared European cuisine if that is your preference.
The town is home to the Eastern Mediterranean University which has something like 15,000 students and lecturers on the campus. This provides a potential pool of possible year round clients over and above the local population and holiday visitors.
Famagusta is one of the most important, greatly fortified ports on the shores of the Mediterranean. Just to the north of Famagusta lie the fabulous ruins of Salamis. This one great city is believed to have been founded in the 11th century BC and after the influences of the many conquering nations, notably the Romans, the city was finally abandoned in 648 AD following the combined catastrophes of earthquake and raids by Arab pirates, when the population moved to Famagusta.
The spectacular ruins give a fascinating insight into long-lost civilizations and include a magnificent amphitheatre, Roman baths, a gymnasium and royal tombs. The mosaics are particularly beautiful. Ravaged by war and earthquakes, the old walled town is now only partially inhabited, but it contains some of the finest examples of medieval military architecture extant and the 14th-century Gothic-style Cathedral of St. Nicholas, now a mosque.
In our opinion this business offers a real oppotunity to build upon an established concern with great potential. Interested? Contact us to arrange a viewing and a cordial meeting with our clients who will be pleased to answers your questions.
Please CONTACT US quoting reference HP0845 for more on this North Cyprus business opportunity