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Restaurant on makarious street, pafos

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Paphos, Paphos - Agios Theodoros

Posted: Today 14:02 Ad ID: 6600003

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Restaurant-Bar Business for Sale — Pafos Old Town (Makariou)

NOUVELLE — a fully licensed restaurant-bar (Restaurant Class B permit) — is for sale on Makariou pedestrian road, Pafos Old Town, right next to the popular Onar restaurant and steps from Kennedy Square.

This stretch of Makariou is fast becoming the most sought-after part of the Old Town for quality food and beverage venues — wide, picturesque, close to the largest parking facility and main bus station, and next to the lively Kennedy Square and new municipal cultural complex.

Completed in 2024, the venue was designed as a chic bar-restaurant with music and events: high ceilings with mood lighting, wood-panelled walls, full air conditioning, professional ventilation, and a top-class sound system. The kitchen is fully fitted with fire-compliant hood/chimney extraction, ample refrigeration, and a dedicated dish-washing area. The premises include substantial indoor seating, 3 WC areas (ladies, gents, accessible), and upstairs storage plus staff facilities (WC and shower).

NOUVELLE operated briefly in 2024 as a sushi restaurant and bar, gaining popularity before the owner, occupied elsewhere professionally, paused operations and is now offering it for sale.

Why this opportunity stands out:

Prime Old Town location, hard to find given the age and small footprint of most surrounding buildings

~10m frontage on the pedestrian road for outdoor seating, at low municipal rent

Full remodelling and permitting already completed in a listed building — a lengthy and complex process handled in full

Long-term lease in place, with right to sell the business.

Replacing this setup today would cost significantly more and take months to years; buying a completed, licensed business is far more cost-effective

Ideal for a professional entering Pafos' restaurant-bar scene or an investor seeking a turnkey opportunity in a rapidly growing area with limited comparable spaces available.

ConceptRealty Ltd., Registration Number 925 – License Number 517