All Year Round Pub In Alykes Price Reduced For Sale

Business description

Cheers Bar is one of the most established businesses in the beautiful seaside town of Alykes.
The bar attracts many of the 85% returners who visit the resort each year. In the winter it is a haven for the many ex-pats in the area, and is popular with the locals also.
Cheers has a licence also as a snack bar and internet cafe, with plenty of scope for development in these areas.
With a total seating capacity of 120, it boasts a beautiful beer garden, surrounded by palm trees on a main walkway which is only 200metres from the beautiful Alykes beach.
Cheers bar has been run for many years as a traditional family type pub/bar and is known for fun events such as quizzes, pamper days, bingo, family movie days and the like. There are two sattelite systems, two large TVs, darts boards, internet P.C. with wifi, internet linked music system.
An excellent sized, well fitted storeroom and kitchen and recently tiled toilet facilities.
In the winter, the bar hosts weekly darts and pool tournaments, also greek classes, live music and much more!!
This is a fantastic opportunity for someone to embrace a new lifestyle on a beautiful Greek Island!!

Property information

Real Estate:

Lease

Lease terms:

The current lease has 9 years remaining.

Leasehold rent:

€13,000 per annum

Location:

Central location just a few steps off main strip and beach

Other information

Support & training:

All support and training offered by current owners

Reasons for selling:

At the moment we are running the business as a family. Grown up children going back to college.

Trading hours:

Open all year round from 12pm till as late as necessary

Furniture / Fixtures value:

€15,000 (included in the asking price)

Inventory / Stock value:

€1,000 (included in the asking price)