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BAHCELI - BI527

BAHCELI - BI527

£ 300,000 £ 250,000

Property Description

Property Reference Code: BI527

The Location:
The Bahceli area of Esentepe region has some of the loveliest bays within the TRNC, with direct sea access. There are many bars and restaurants in the local area and the closest shop is just 5 minutes away. The Korineum Golf Resort is just a 10-minute drive away, as well as the Water Park and a large Tennis Club.

The Coconut Bar & Restaurant is just 300 meters from the beach, nestled on a hilltop amidst a very popular residential resort and located just opposite the popular swimming pool area. The restaurant is also easily accessible from the main road, being just 200 hundred meters from the turn. The resort area consists of apartments and villas, many occupied year-round, with 3 swimming pools, a gym, and of course the stunning beach just steps away. As a popular ex-pat retirement area, as well as a highly touristic area, the restaurant has been a success for many years.

This business offers a unique inspired eating experience which has made this comfortable scenic location a success and due to their lives taking a turn for a new location this business is a great opportunity for investors looking for an income to support their new lifestyle in North Cyprus.


The Property:
The property is home to a successful restaurant and bar, in operation since 2014, with indoor and outdoor seating. The restaurant is being sold furnished and with all kitchen equipment. (Full inventory list available upon request).

The ground floor holds the popular restaurant and kitchen, with a large terrace overlooking palm trees and a stunning pool area of the resort. Upon entering the restaurant, you will see outdoor and indoor seating, and a fantastic bar set up overlooking the seating. The professional kitchen includes all the necessary equipment to continue the restaurant’s success. For more details on inclusions, please contact us.

On the first floor, you will find one double bedroom, a bathroom, a convenient kitchen, and a living room with access to a large terrace with fantastic sea, mountain and pool views. 

Finally, there is a storage covered garage which can easily be closed for a studio living space or an office.
This property makes for an excellent Bed and Breakfast business, to rent the upstairs room, or to live there yourself while running the restaurant. The investment option is incredible in one of the most sought-after locations beaches on the North Coast!

Advantages of purchasing this property are:

– Built to High Standards
– High Business Potential
– 7 Years of Loyal Returning Customers at the Restaurant
– Well Maintained Property on a Well-Maintained Site
– Lovely Expat Community
– Fully Furbished (Kitchen supplies, B&B Furniture, Complete Restaurant Inventory)
– Ready to Open Business from Day 1
– Business Car 4×4 Nissan Included
– Well Known Over the Island
– Excellent and Easy Transition from Seller to Buyer

Property Details

  • Rooms: 3
  • Property Price: £ 250,000
  • Bedrooms: 3
  • Property Type:
  • Floor:
  • Bathrooms: 2
  • Property Status: Sale
  • Property Size: m2
  • Parking: 1
  • Private Parking: 1
  • Pool: 1

Amenities

Location

  • Area: Bahceli, Kyrenia