4 Bedroom Detached Restaurant and B&B Located In Sought After Ilgaz

£350,000

Yesiltepe, Kyrenia, North Cyprus

4 Bedroom

6 Bathroom

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Sale Price £350,000
Listing Number 68098
Status For Sale
Property Type Business for Sale
Agency ReferenceYE02
Title Deeds Tahsis
Apartment Floor Ground floor
Pool Private Pool
Garden Yes
Fireplace Yes
Furnishing Type Furnished

About This Listing

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Business for Sale For Sale Description

4 Bedroom Detached Restaurant And B&B * Commercial Property Investment* Superb sea and mountain views * 5 x 3m private swimming pool * Air Conditioning* Commercial fully fitted kitchen* Wood burner* Fully Stocked bar* Fully furnished throughout * Internal dining to accommodate 40 covers* Externally 80 covers* 15 years remaining on the current lease* Inspection Trips Available

The Location:

Located in the foothills of the Kyrenia mountain range this stunning old stone Cypriot restaurant, bed and breakfast is a delight. With fantastic sea and mountain views it is just a 5-minute walk from the award-winning Etel Vineyard and offers huge commercial opportunities, including hosting weddings. It is currently being run as a successful restaurant and bed and breakfast with top ratings on Trip Advisor but could become just a bar or bed and breakfast if so desired. It does however have to operate as a business and not just a residential dwelling.

It is just 8 minutes by car to the main road which offers an abundance of amenities and 12 minutes to Mare Monte beach which is a wonderful sandy cove with sunbeds, showers, toilets, and a café.
The property will be sold fully furnished which is all high quality, the kitchen is industrial and the bar is fully stocked with surplus stock stored in the large storage area.

The Property:

Kitchen 8 x 4.5m
The commercial kitchen offers stainless steel work stations throughout, an industrial 4 hob gas oven, industrial internal barbeque with extractor, double stainless steel industrial fridge, I full-sized fridge, 1 full-sized fridge freezer, 1 stand up freezer, 3 microwaves, 1 Rancilio Coffee machine with an electric grinder, 1 water machine, 1 blender, double electric fryer, various baking trays, saucepans, plates, bowls, cutlery, commercial double sink, 1 ceiling fan, fly screens, tiled flooring and to the walls and 2 fly zappers.

Storage area 5.42 x 4.47m
Further 2 fridge freezers and excess stock for the bar, tools, etc. Electric and lighting provided.

External covered washing up area 4.2 x 3.42m
Accessed from the kitchen there is a table, double sink unit, and stainless steel industrial dishwasher which washes and dries in 5 minutes.

Bar 5.37 x 5.11m
The bar is the main entrance to the building via 100-year-old wooden Cypriot doors and offers seating for 6 people, lighting, internet, camera system connected to 6 external cameras, blue tooth music system all housed in a beautiful Moroccan wooden bar, 2 full height drinks fridges, with an abundance of glasses and alcohol.
There are also 6 retro bar stools which are very comfortable, a beautifully tiled bar with an olive wood bar top, antique Singer sewing machine used as a lampstand, fan or heater depending on the weather, laminate flooring, and a lovely easy chair.

Dining room 1 (snug), 5.58 x 5.35m

Spacious dining room accessed from a hallway off the bar currently home to a large 3 seater sofa (in need of recovering), 2 very comfortable antique wing-backed chairs, 3 tables and chairs seating for 10 people allowing for space due to covid restrictions. A large wood-burning stove, 3 windows all with fly screens, and reclaimed flagstone flooring.

Dining room 2, 7.29 x 4.57m
Stunning beamed vaulted high ceiling dining room accessed directly from the kitchen or dining room 1. Large original fireplace, 24 BTU inverter aircon unit (hot or cold), 2 windows with fly screens, 1 large pine dresser, 1 large bookcase, 1 bright pink chaise long, 5 tables and chairs seating with for 22 people (allowing for space during current covid restrictions, and original flag stoned flooring.

Mens w.c 1.77 x 1.31m
Ladies w.c 2.08 x 1.41m
Both are fully tiled with grey slate-coloured tiles to the floors and white tiles to the walls. They have new toilets with soft closing lids and fitted sink units with storage.

Owners accommodation, bedroom 5.15 x 4.70mThe bedroom is accessed from the bar area via a spiral staircase and has fantastic views of both the mountain range and the coastline. It comes with a fully fitted floor-to-ceiling wardrobe, kingsize bed with matching bedside tables, small bookcase, large wooden desk and red leather sofa.
The room is dual aspect with blinds, fly screens on the windows, and an inverter air conditioning unit.

Hallway 2.75 x 1.35m
Fitted wardrobes from floor to ceiling, electric power points leading to the bathroom and door leading to the flat roof, and access to the main roof via a spiral staircase which houses all the water tanks and solar panels for the property.

Bathroom 3.08 x 2.85m
The bath is tiled throughout with a stunning outlook down to the sea. It has a very large walk-in shower, toilet with a self-closing lid, sink, dryer (definitely a plus during the winter months), and a very large stool. Ample room for a bath should you require one.

Bedroom Two 5.57 x 4.63 narrowing to 2.72m
The bedroom is fully equipped for rental and consists of built-in wooden wardrobes with hanging space and shelves, a small fridge, kettle, full-length mirror, antique table, antique dressing table with stool, kingsize bed with new full orthopaedic mattress, door to a private little balcony with amazing sea views 2 chairs and a table. The room is triple aspect and has fly screens on the windows and an inverter air conditioning unit.

En Suite 2.97 x 1.69m
Tiled from floor to ceiling with stone hand basin with built-in storage cupboard, WC, and large walk-in shower

Bedroom Three 5.36 x 4.6 narrowing to 2.77m
The bedroom is currently being used by the vendors teenage son but is decorated to a high standard the same as the bedroom and is ready to be used for a rental room if wished. The bedroom consists of built-in wooden wardrobes with hanging space and shelves, a black queen-sized bed with orthopaedic mattress, a black 3 drawer chest of drawers, a large white desk, a water machine, and a grey sofa. Door to a private little balcony with amazing sea views 2 chairs and a table. The room is double aspect and has fly screens on the windows and an inverter air conditioning unit.

En Suite 2.97 x 1.69m
Tiled from floor to ceiling with stone hand basin with built-in storage cupboard, WC, and large walk-in shower

Bedroom Four 5.60 x 4.50 narrowing to 2.65m
The bedroom is fully equipped for rental and consists of a small fridge, kettle, antique table, antique dressing table with stool, 2 large antique single beds with new orthopaedic mattresses, white trunk, antique wooden bench, antique corner display unit with drawers underneath. The room is double aspect and has fly screens on the windows and an inverter air conditioning unit.

En Suite 3.82 x 1.66m
Tiled from floor to ceiling with white hand basin with built-in storage cupboard, WC, and large walk-in shower

External Features
The property has been restored to a high standard. There is a private car park which can easily accommodate 6 cars, a large private outdoor seating area to the front of the property that can accommodate 40 plus covers. When music events are hosted, they use the parking area for seating as it is ample off-road parking outside the property. To the rear of the property is the pool area which is very private with a stunning backdrop of the mountains. The pool measures 6 x 3 meters and has just been completely retiled. There is space for 6 sunbeds and also a covered pergola with a 2 seater sofa and large coffee table. Behind the pergola out of sight, you will find the drying area for your laundry.

The lease is given by the Ministry of Tourism and will be renewed upon finishing. The ground rent currently stands at £840 per annum.

Why Choose Coast & Country Homes Estate Agency Ltd?

Coast & Country Homes Estate Agency Ltd. is a Registered Company # 17571 and a Member of the Cyprus Turkish Estate Agents Association. It is important to only buy a property with registered and licensed Estate Agencies.

Not only are we bound by the rules and regulations of the Association, we pride ourselves on ensuring full disclosure on all property and title deed details of each option for our clients, potential additional fees, and assisting to guide to the right option for their personal and financial needs. Our finance partners both in North Cyprus and in London assist our clients with finance and mortgage options, and as a team, we are able to bring our clients’ dream of a home in the sun to reality.

With over 15 years of experience in North Cyprus, particularly with foreign buyers, our expertise and on-island network ensures a smooth and stress-free purchase process and after-sales, from A-Z.

REF: YE02 – REF: YE02