Philipsburg Boardwalk Beach Bar And Restaurant For Sale

$289,000

$289,000

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Property ID: 261
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    Amazing French restaurant fronting both the famous Philipsburg boardwalk and the most popular tourist shopping area, Front Street. Access from both sides. With Great Bay and the cruise ships as the backdrop, dining here is what everyone is looking for in the Caribbean.
    Antoines was established in 1978, having a long and successful history on the island, known for it�s excellent French cuisine and perfect service. Having been on the boardwalk for well over a decade now, the ambiance and view is better than ever.
    67 seats inside with 220m2 restaurant space. Included with the monthly rent is a rooftop two bedroom apartment (with den) plus a large open rooftop that could be used for rooftop dining with some renovations. The view from this roof is perfect. See the Cruise ships, beach and all the energy of the boardwalk. There is also space for boardwalk-side tables on the sand at high-season.
    A noteworthy point is that the Great Bay beach-front space is not government lease, it is owned by the landlord and is also included on the monthly rent. This insures steady income from the rentals of loungers.
    Business and leasehold improvements are for sale, which also includes the right to rent the 45 beach loungers directly in front of the restaurant. This opens up the possibilities to beachside service and expands the capabilities.
    This is a turn-key business with a long history of success. St. Maarten / Martin, is the culinary capitol of the Caribbean and Antoines is ready for the next person ready to make their mark on our dining map!
    Price reduced for quick sale from $325,000.00

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    • 0% Property Tax.
    • 0% Capital Gains Tax.
    • 4% Property Transfer Tax and 1.5% Notary fees.
    • 2 months Security Deposit for rentals.
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    Transfer Tax

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    Property Tax

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    Capital Gains Tax

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    anish@c21sxm.com

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