Property And Business In Simpson Bay St Maarten For Sale

Business description

Property for sale in the heart of Simpson Bay
Includes:

Restaurant business + N.V.
First 6 months rent free!
On main road
Large open terrace on the lagoon
Water rights.
Full kitchen and furniture
80 seats expandable up to 130 + Bar
Pizza corner
Fresh local lobster tank
UP TO 50% OWNER FINANCING!
5.000 sq feet
Mega Yachts only 150 ft away
Possibility of adding a dock (12x60 ft)
Great opportunity!

The purchasing of only the business is also possible at 380.000 with 30% owner financing.
Rent 7.000 per month with the first 6 months rent free!

Property has an appraised value of 1.9M
Asking price for property and business: 1.6M
For more info or pictures please contact us!

Property information

Real Estate:

Lease

Lease terms:

lease is up to 2054 (renewable)

Leasehold rent:

$784 per annum

Living accommodation:

Living quarter can be built in

Location:

Simpson Bay

Premises details:

Located on the main road, extending on the Simpson Bay lagoon over looking 3 mega yacht marinas

Size in square feet:

5.000 sq feet

Planning consent:

12x60 ft dock can be built
deed allows up to 4 total levels (you can go up 3 stories!)

Business Operation

Expansion potential:

Considering water rights, a 12x60ft boating dock can be created to accommodate access from the Caribbean's largest lagoon.

Competition / Market:

Other local restaurants are located along this strip which is near 2 major residential areas, 3 mega yacht marinas and 6 of Sint Maarten's most popular hotels and timeshare resorts (these include, flamingo resort, la vista 1 and 2 resort, royal palm beach club, pelican resort, the atrium)

Years established:

6

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

up to 50% owner financing with the first 6 months rent free
or up to 30% owner financing for purchase of only the business