A RESTAURANT BUSINESS PROPERTY FOR SALE ON THE FAMAGUSTA TO KARPAZ ROAD NORTH CYPRUS OR POSSIBLE CONVERSION TO A PRIVATE VILLA OF SUBSTANCE
- Great location
- 600m² over 2 floors
- 3 kitchens
- Additional living accommodation
- Balconies and terracing Massive potential
- Could accommodate multi businesses
- Two hotels within walking distance
- Needs some TLC
- Priced to sell
- Conversion to a large private villa is possible
This is a rare opportunity to purchase this huge restaurant located near the sea in the popular tourist area of Salamis. This is an ideal opportunity for enterprising couples who wish to fulfill a dream of living and working in the sun. The Restaurant is located on busy coastal road from Famagusta to the Karpaz peninsular. This large property consists of a large sound proof basement with a bar, kitchen and toilets and a separate entrances. On the first floor is an attractive arched dining hall with a bar and two separate kitchens and toilets the restaurant could sit 80 comfortably with the outside terracing adding a further places. On the second floor is living accommodation which currently consists of three double bedrooms and a large bathroom, ideal for staff or could be easily be changed into a pleasant apartment. This is a great opportunity to create something really special and must be viewed to realize the full potential. ASKING PRICE £230,000 gbp
Please note that we believe that it would be quite possible to convert this to a very substantial and imposing private villa in a prime location.
ABOUT THE BUSINESS PREMISES
The restaurant is currently closed but has been run as a business for several years, it is ideally placed on the main costal road between Iskele and Famagusta in the very popular area of Salamis. Set over 3 floors the basement measuring 300m² with high level windows on 3 sides it has a built in bar, kitchen and toilets and has a separate access and would be ideally suited as a sports bar or night club. The first floor is set out as a restaurant with a bar, two kitchens, toilets and terraces totalling 300m². On the second floor is the living accommodation totalling 80m² currently three bedrooms and a bathroom but could be altered with very little effort into a pleasant apartment.
The property is in a sound condition but would benefit from some updating and redecorating and could be transformed into a very special venue.
The Location
Ancient Salamis lies to the north of the thriving city and seaport of Famagusta on the coastal road leading to the Karpaz Peninsula via Iskele and the quaint fishing village of Bogaz. This once 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 amphitheater, Roman baths, a gymnasium, royal tombs and the mosaics are particularly beautiful. The ruins sit alongside one of the finest beaches with excellent safe swimming. The theatre originally seated 20,000 people but today it is half its original height having 18 of the original 50 rows and is a popular venue for summer events.
The area surrounding Salamis has become one of the most sought after areas to live and has several hotels and a selection rental accommodation in the area making the site of this restaurant property such a seriously good proposition for some one wishing to invest in both real estate and a really exciting business opportunity. Such opportunities are rare and we urge interested investors to contact us without delay.
The ruins of ancient Salamis are one of the most visited tourist sites on the Island of Cyprus bringing coach loads of possible clients on a regular basis.
Famagusta is within easy reach adding to the pool of potential customers here. Do not miss the boat on this one.
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