Ref. No. CN1408
Price per sq. m.: €2,222
Peyia - Coral Bay
Covered: 450m²

For Sale : Business - Peyia - Coral Bay - €1,000,000

This restaurant in Coral Bay is situated in the heart of the tourist area and near to the beach and hotels and represents a fantastic opportunity for the discerning buyer, be they an investor or a chef looking to make his mark in the thriving  

It is arranged over 3 floors and offers several diverse areas that can be operational at the same time. The ground floor has a dining area for approximately 35 covers with a bar and fully functioning kitchen. The hall leads out onto the terrace area which has room for approximately 200 covers. The terrace is partially covered allowing for commercial activity throughout the year and the surrounding gardens have been carefully nurtured to provide an oasis of tranquillity and sophistication to the terrace.

Upstairs on the first floor is a lounge bar and hall which is suitable for private parties but can also be used as an overflow from the main restaurant.  

The basement of the building contains the main fully equipped kitchens, three large storage rooms and a wine cellar with an air-conditioning system. There are also three restrooms and a staffroom with 2 toilets.

The building comes with a full ventilation system with the fans & motors in the basement, a fully equipped kitchen including refrigerators & freezers, a large wine fridge and a fully equipped bar on the first floor. There is a plot of land available to rent next door that provides ample car parking for the restaurant and it is within an easy walk to a bus stop.

All in all, this is a fantastic opportunity to acquire a substantial piece of the thriving Coral Bay restaurant scene.

Air Conditioning
Beach: Walking distance
Investment Opportunity
Residency Program
Title Deeds
Town: 15 min drive
Uncovered parking