This is a truly unique opportunity to take over the running of a successful restaurant. Currently catering to Valparaiso's vegetarian community, the best option would be to focus more on the bar side of the business. The location and beautiful, large interior of the ground floor would make an excellent bar, catering to both the local and international tourist markets.
The property itself is a stunning late Art-Deco 2 storey home of around 300m2. There are beautiful Oregon Pine floors throughout the property and a spectacular wood and glass front door. On the roof there is a terrace with magnificent 360 degree views of the Pacific and Valparaiso.
- Ground floor: Restaurant & bar with outdoor terrace (which will be essential when the new smoking laws prohibit indoor smoking).
- Second floor: Large apartment with 4 bedrooms, living room, dining room, 2 bathrooms, kitchen. Excellent ocean views from the main bedroom.
The location of the property is second to none, on Cerro Alegre and opposite the well-known Cafe Vinilo. The area is home to a number of restaurants, high class boutique hotels and is the main tourist area in the city. Tens of thousands of tourists visit the neighbourhood during the year.
The property is in good condition, with some minor renovations required. The property is being sold with a transferable alcohol and restaurant licence. No further alcohol licences are being issued in the neighbourhood so this is an extremely valuable asset. The restaurant-bar could be purchased and re-opened within a month.
By converting the restaurant into a bar, the opportunity to earn significant income from the property is obvious.
For more information, please contact Matt Ridgway via mfr@chileinvestments.com
Price: $250 million pesos (+/-US$520,000), negotiable.
Restaurant Interior
Restaurant Outdoor Terrace
Beautiful interior front door
Front garden
Second floor, stairs up to terrace
Living areas
Main bedroom
View from the main bedroom
Views from the terrace
