Bar for sale in Kyrenia (Lapta) – Cyprus

Located in Lapta, price on application
Sports bar / bar and restaurant with plans for expansion to a small holiday resort
This is an unique opportunity to acquire a quality family run bar & restaurant in a prime location in Lapta, Northern Cyprus. This business for sale is a beautifully presented licensed bar/restaurant/sports bar, in a highly prominent area of Cyprus, near the sea with well established activity and important turnover. Created in 2007 and British owned, this popular bar/restaurant has go on growing and showing increased profits over years. In addition to the business, there is still plenty of possibilities for expansion, as there is planning permission to turn the remaining land into a small residence with apartments and pool. Immaculately fitted throughout and including a professional kitchen, there is a large attractive bar, a large pleasant roof terrace, outside bar and seating area plus large car park. With WIFI, full satellite & SKY TV systems, the bar currently provides a variety of TV sports and entertainment. Further details about this opportunity are available on request.
General information
180m2 internal size of the bar approximately + large roof terrace + external area
3 donums (4000m2) total plot size
Built in 2007
Exchange land title
Title & business on a private company name
Plans & permission for 11 apartments of 65 m2
Plans & permission for a 30m long swimming pool
Business Details
A well established fully registered business
Good customer base with loyal clientele
Prominent trading position in popular area
Good up to date trading figures
(accounts available to serious interested parties)
Great potential for expansion
Easily run operation, would suit a couple, business partners and overseas buyers
A good first time buyers business
Operating currently as a restaurant/bar/sports bar with live entertainment