Waterfront Italian Restaurant In Antigua And Barbuda For Sale

Business description

Impressive, very busy, and very profitable, Italian restaurant and bar.

Situated in one of the best locations in the Caribbean.

Trading all year round.

Priced for a quick sale at no more than the initial establishment cost.

Laid out for 95 covers on a covered waterfront deck with moorings adjacent to the golf club entrance and close to all amenities in a prosperous and successful marina resort development.

Established three years ago. Quality fittings and stylish furniture.

Wood fired stone pizza oven for that authentic taste.

Loyal and growing following.

Available with a new 10 year lease, rent currently US$ 42,000 per annum.

Confidentially available. Accounts available on request.

All enquiries through the sole agents

Property information

Real Estate:

Lease

Lease terms:

Available on a new 10 year lease

Leasehold rent:

$42,000 per annum

Living accommodation:

A leasehold stylish 2 bedroom studio apartment above the premises is separately available.

Location:

Situated in a busy marina resort with waterfront frontage adjacent the golf club entrance on the unspoilt Caribbean island of Antigua.

Premises details:

Premises of 3000 sq ft all on one level and laid out for 95 covers plus bar on a covered waterfront deck, fully fitted with quality new fittings and stylish furniture just 3 years ago.

Size in square feet:

3,000

Planning consent:

Restaurant and Bar

Business Operation

Expansion potential:

Scope and landlords consent to extend the deck to from a holding bar over the water, and to extend the kitchen

Reasons for selling:

Owner relocating for personal reasons.

Trading hours:

lunch and dinner till midnight

Employees:

12 some part time

Years established:

2

Other information

Support & training:

The current owners will agree to remain for a period to be agreed to ensure a smooth handover.

Furniture / Fixtures value:

$450,000 (included in the asking price)