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Property for sale information

 
A Touch of Class Restaurant  
Reference nr: AH385206
Description:

RESTAURANT FOR SALE Well established large family run restaurant for sale. Freehold and comes fully furnished. Situated in an excellent location – 150m from the biggest disco in Altnkum (Medusa) and just 100 steps walk to the beach. We have an excellent reputation in Altnkum and have been trading under the name ‘A Touch of Class’ for over 15 years. Sale does not affect our trading however we hope by selling the business we can move on to newer ideas.

Restaurant specifications:

265 sqm in size

Car parking at the rear of the restaurant

105 person seating capacity

Fully furnished with comfortable high quality bamboo tables & chairs

Security bars fitted over the windows and doors

Full Air-conditioning throughout

UPVC Glass windows and doors

Disabled access I

nternal and external seating areas

Recently re-furnished Recently re-plastered (2006)

Newly tiled and decorated (April 2007)

Newly fitted fully equipped kitchen including large oven and freezer

High quality fixtures and fittings throughout

Near local hotels and tourist areas

Very busy area during all seasons

Restaurant has a fantastic relaxed atmosphere & would make an ideal investment!

400,000

Features:
Beach
Furnished
Submission Date:
01-15-2009
Advertiser Details:


Name:
ATC HOMES

Company:
ATC HOMES

Phone:
00902568131168
Fax:

Mobile:

 
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Calculators

 
Property price: €443,080
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations