Sell Commercial €650,000 Full Price

🇨🇾 Cyprus, Paphos District (Pafos), Paphos, Kato Pafos
445
About the Property Commercial
Total Area
445
About the Property Commercial
Price
€650,000
Price Type
Full Price
Price per m²
€1,460.67
About Mortgage
Mortgage Payment
€3,217/mon.
Salary
€6,434/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€2,225.03/mon.
Overpayment €35,857.87
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Description
Overview A unique opportunity to acquire the goodwill of a prestigious and well-established nightclub in the heart of Kato Paphos. Established in 2003, this glamorous venue is a cornerstone of Paphos nightlife, catering to locals, tourists, and high-profile clientele. Key Features Prime Location: Situated in the bustling center of Kato Paphos, surrounded by luxury hotels, restaurants, bars, and tourist resorts. Public parking for 500 cars is conveniently located opposite the club. The beach is only a 4-minute walk away. Size and Capacity: Total Plot Area: 986 m² Winter Club: Internal space of 445 m², capacity for 600 guests. Summer Club: External space of 400 m², capacity for 600 guests. Basement: 107 m² (storage rooms and restrooms). State-of-the-Art Facilities: Advanced audio, visual, and lighting systems for immersive entertainment. Fully controlled climate and ventilation system for comfort. Robust security measures, including CCTV and crowd control officers. Licenses and Permits The club operates under full compliance with government and local authority regulations, holding all necessary licenses: Disco License (Club A) Liquor License Music License Operations License Business Operation Established: Since 2003 Trading Hours: Winter: Open Wednesday, Friday, and Saturday from 11:00 PM to 5:00 AM. Summer: Operates additional days with the same hours. Employees: 25-30 skilled staff members. Competitive Edge This club is a one-of-a-kind venue in Paphos, making it nearly impossible to replicate. Its reputation and established brand offer the buyer a solid and thriving business. Reason for Selling The current owner is selling for personal reasons. Support and Training The seller is willing to provide comprehensive support and training to ensure a smooth transition for the new owner.
 
 
€650,000
Price Full Price
Fox Realty: Paphos
FP Fox Paphos ID 44
Show phone
Ref: 27611 Cyprus, Paphos, Kato Pafos
Price and availability information updated 12/10/24
 
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