Sell Commercial €2,100,000 Full Price

🇨🇾 Cyprus, Paphos District (Pafos), Paphos, Kato Pafos
445
About the Property Commercial
Total Area
445
About the Property Commercial
Price
€2,100,000
Price Type
Full Price
Price per m²
€4,719.1
About Mortgage
Mortgage Payment
€10,392/mon.
Salary
€20,784/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€7,188.55/mon.
Overpayment €115,848.51
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Description
Overview This is a rare opportunity to acquire both the business and the property of a renowned nightclub in the heart of Kato Paphos. Operating since 2003, this iconic venue is a cornerstone of the Paphos nightlife scene, with a solid reputation and consistent performance. What’s Included The Business: Fully operational and successful nightclub with a long-standing brand, clientele, and all necessary licenses. The Property: Ownership of a 986 m² plot, featuring both indoor and outdoor facilities designed for year-round operation. Key Features Prime Location: Situated in the vibrant center of Kato Paphos, surrounded by luxury hotels, restaurants, and tourist attractions. Public parking lot with space for 500 cars directly across the venue. Only a 4-minute walk from the beach and with easy access to main town avenues. Facilities: Winter Club: 445 m² indoor space, accommodating up to 600 guests. Summer Club: 400 m² outdoor space, also accommodating 600 guests. Basement: 107 m² for storage and restrooms. Amenities: Advanced audio, visual, and lighting systems for high-end entertainment. Fully controlled climate and ventilation systems. Comprehensive security with CCTV and crowd control measures. Licenses and Permits The nightclub operates under full compliance with government and local authority regulations, holding all necessary licenses, including: Disco License (Club A) Liquor License Music License Operations License Business Operation Established: 2003 Trading Hours: Winter: Wednesday, Friday, and Saturday (11:00 PM - 5:00 AM). Summer: Extended schedule with the same hours. Employees: 25-30 experienced staff members. Competitive Advantage This venue’s unique brand, exceptional location, and high-quality facilities make it a market leader in Paphos, with significant potential for future growth. Reason for Selling The current owner is selling for personal reasons, offering a turnkey opportunity for a new owner to step in and succeed. Support & Training The seller is prepared to offer support and training to ensure a smooth transition.
 
 
€2,100,000
Price Full Price
Fox Realty: Paphos
FP Fox Paphos ID 44
Show phone
Ref: 27612 Cyprus, Paphos, Kato Pafos
Price and availability information updated 12/10/24
 
🔎 Search real estate Cyprus
Find your perfect property with ease. For life and investment.
🌎 Countries
Explore real estate opportunities worldwide.
🗺️ Regions
Explore real estate opportunities inner regions.
💻 Add ad
To sell or rent your property faster. Post your ad for free.
🟥 M-SQ Cyprus
Real estate investment website M-SQ. Our mission is to help you understand real estate investments and market.
🙋‍♂️ Join us
Start with the simplest thing, create your account.
João, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and Ana
We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.