THE MANOR DEVELOPMENT PROJECT

Ref: 14682

Messonghi

1,400,000 €

This is a highly unusual opportunity to purchase an operating, highly successful 100 cover restaurant, together with surrounding land, ideal for a variety of uses, including the construction of 6 villas, all with fabulous sea views and only 5 minutes drive down to the beach of Messonghi village.

250 m2 30000 m2

Description

Archontiko is one of the region's best known restaurants, offering traditional design, fabulous views and excellent food, with local specialities. It has also developed a reputation for functions including weddings and christenings.

There is a spacious indoor restaurant and bar, extensive kitchens and storage areas, and also have a stylish outside dining area, making the most of the stunning sea and mountain views. It is absolutely ready for a new owner to take over, and continue to develop the existing successful reputation.

On the hillside surrounding the restaurant is approximately 30,000 m2 of land, some of which is within the planning zone, which has scope for a variety of residential developments. The current owners have initial plans for the construction of individual high quality villas, and the design engineer is happy to assist new owners to complete the project.

The area has been popular with visitors for many years, and in the last few years the profile has risen considerably with the opening of several 5*+ hotels. This part of the island still enjoys a quiet and peaceful atmosphere, coupled with lovely views, plus easy access to both east and west coasts.

Whilst some of the northern parts of the island already have large numbers of villas, this part of the island is relatively undeveloped so the construction of high quality villas would complement the new hotel developments and essentially 'fill a gap in the market'.

The property is five minutes drive from the beach road in Messonghi, 5 minutes drive from the main south coast road, and 15 minutes from the wide west coast sandy beaches, and the conservation area of Halikouna.

Messonghi and Moraitika both have a good selection of shops, and their is a choice of large supermarkets only 20 minutes drive away, in Lefkimmi.

The Marina at Benitses (10km away) is gradually being developed, and there is a Ferry Port at Lefkimmi, only 20 minutes away for easy of travel from the Greek mainland.

Historic Corfu Town and the Airport are 40 minutes drive, and the Airport is currently being expanded. In the height of summer there are many flights from all UK main and regional airports as well as European destinations, and every year these flights are increased to cope with the demand.

Important Remarks

Please note that all the above information has been provided by the vendor in good faith, but will need verification by the purchaser's solicitor. Any areas, measurements or distances referred to are given as a guide only and are not precise. Floor plans are not drawn to scale and are provided as an indicative guide to help illustrate the general layout of the property only. The mention of any appliances and/or services in this description does not imply that they are in full and efficient working order and prospective purchasers should make their own investigations before finalising any agreement to purchase. It should not be assumed that any contents, furnishings or other items shown in photographs (which may have been taken with a wide angle lens) are included in the sale. Any reference to alterations to, or use of, any part of the property is not a statement that the necessary planning, building regulations, listed buildings or other consents have been obtained. We endeavour to make our details accurate and reliable, but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not give any warranty in relation to the property and we have no authority to do so on their behalf.