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 Price : US$ 75,000 Type : Commercial - Restaurant / Bar REF : DOM0199 

Dominica : Roseau                                            WITHDRAWN                                              Dominica Restaurant


Established fine dining restaurant set within the historic quarter of Roseau, with seating for 45 people over two levels. The sale of this business does not include the building which is leased but does include all the equipment, furnishings and inventory.

Dominica Restaurant

The restaurant operates from a leased building with a 5 yearly renewable lease which currently runs until 31st May 2011.

Dominica Restaurant

The restaurant can seat 32 guests at street level, both inside the restaurant and on the very popular street level terrace, and can seat a further 13 guests on the upper level, which can also be used for private parties.

 

 

 

 

 

 

The restaurant includes a bar area, kitchens, washrooms and a separate one bedroom one bathroom apartment that is ideal for the chef or manager.

Dominica Restaurant

Dominica Restaurant

The restaurant is ideally located in an historic quarter of Roseau, within a 2 minute walk of Fort Young, Garraway and Sutton Hotel.

Dominica Restaurant

Dominica Restaurant

The restaurant is being sold fully equipped and ready for business. The present owners are happy to assist the new owners over the first few months, as required.

Dominica Restaurant

Dominica Restaurant


This restaurant is generally recognised as offering the best dining experience in Dominica and is a perfect choice for anyone seeking a quality restaurant with an excellent reputation, at an affordable price.

For further information on this restaurant click on the Contact Us button at the top or bottom of this page.

Caribbean Property

Buying Property in Dominica

Alien Landholding License
Under a revision of the law in April 2008, all foreign buyers are required to pay an Alien Landholding fee of 10% of the property value to the Dominica government. Foreigner's buying more than 1 acre of land for personal use, or more than 3 acres of land for business purposes, are also required to apply to the government for an Alien's Land Holding License, which can take several months to process.

Dominica Transfer Fees
Transfer fees on real estate are payable by the purchaser and total 20.5% of the property value :-
10% alien landholders fee
4% stamp duty
2.5% judicial fees
1% assurance fund
3% legal fees

The seller has to pay 2.5% stamp duty on the market value of the land being sold.

Planning Permission
All new construction, changes to existing buildings, or changes of use, require planning permission. In most cases permission is granted within 8 weeks of making an application.

The entire buying process is relatively simple and often purchases of homes or small parcels of land not requiring the approval of an Alien Landholders License, can be completed in a matter of one to two weeks. Where an Alien Landholders License is required, the buying process can usually be completed in 4 to 6 months

For further details, CLICK HERE or on the button on this page buying in Dominica



 

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Last Updated On 17 Jul 2018