Property 2958 Mansoura, Nicosia / LIM-PAF-27612
Iconic Nightclub In Kato Paphos With Expansive Facilities.
For Sale • Deal
2,100,000€
Estimated Mortgage
/month
445
m2
Overview
Property 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.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Title Deeds
Location
9.89 kms
132.96 kms
0.28 kms
0.42 kms
1.27 kms
1.40 kms
2.15 kms
3.23 kms
4.03 kms
4.41 kms
4.86 kms
5.34 kms
5.63 kms
6.62 kms
7.73 kms
7.83 kms
9.41 kms
1.63 kms
3.30 kms
3.47 kms
3.65 kms
3.89 kms
4.21 kms
4.93 kms
6.31 kms
6.50 kms
8.85 kms
7.97 kms
0.28 kms
0.54 kms
0.57 kms
0.74 kms
0.77 kms
0.88 kms
0.98 kms
1.01 kms
1.06 kms
1.08 kms
1.12 kms
1.14 kms
1.16 kms
1.17 kms
1.19 kms
1.37 kms
1.40 kms
1.94 kms
2.61 kms
3.20 kms
3.42 kms
5.58 kms
6.21 kms
6.53 kms
6.57 kms
6.89 kms
Transfer Fees
Transfer Fees Individual
80,600 €
Transfer Fees Joint Names
77,200 €
Stamp Duty
4,108 €