Restaurant/cafe for sale in St George South. Agios Georgios, Corfu, Ionian Islands, Greece

£433,980 (€495,000)
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Property features

  • Terrace
  • Off street parking
  • On street/residents parking

Property description

I believe this is the only Beach-Fronted restaurant for sale in Corfu!
Restaurant and three-four bedroomed apartment in beautiful St George (South), Corfu (possibly five apartments with a little conversion). Plus a plot of land overlooking St George for free!(You will have to pay the sales tax though 3%!).
The restaurant is an ongoing concern including an apartment, and semi-converted loft. St George is a popular tourist destination in Corfu.

The plot of land is approximately 2 kilometres from the restaurant.
(I have been assured the land can be built on, enquire).

One restaurant, with apartments above, plus a plot of Land.

Fully equipped (full kitchen, tables, chairs, bar, ...).
Restaurant is currently operating, and usually stays open throughout the year.
The business has been operating since 1994, it has direct beach access, and can seat up to 100 people. Total 540 m2.
The restaurant is the last restaurant in St George, located on the left before you reach the Sandy Beach Hotel, with no other properties to the right of the property to spoil the beautiful views, and no planning permission possible for any another buildings on that spot.

The restaurant has undergone refurbishment, the apartment above the restaurant needs some modenishing.

The apartment above the restaurant has the potential, with the further development of the loft space for a further 2-4 bedrooms (the loft space is 80m2), two of the bedrooms are located to the left in the hallway, overlooking the sea, and can be converted into a holiday flat.

Potential for:
4 bedrooms.
4 bathrooms.
Balconies.
Loft partially converted.

Currently a diving school operates from the premises, and part of the front of the restaurant has been converted into a tourist excursions centre, plus the restaurant is being leased, 3 incomes! Plus once the apartment has undergone modernisation, you will you prospect of renting out the rooms!

It may be possible to provide finance to fund this project. Enquire.

Property info

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
Othen Business Services LTD, BS1 on +44 330 038 9578 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Othen Business Services LTD, and do not constitute property particulars. Please contact Othen Business Services LTD for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.