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Ocean-View Apartment Hotel With Leased Restaurant

7-FLOOR APARTMENT BUILDING - OCEAN VIEW
LEASED RESTAURANT - PRIME LOCATION

This terrace building with operating restaurant in Montevideo-Pocitos
is situated in one of the most elegant quarters of Montevideo, with many
shopping and leisure opportunities. It is located near the most beautiful city
beach, peaceful and safe.

DETAILS AS FOLLOWS:
Ground surface: Approx. 1,200 square feet
Total apartments: Approx. 5,000 square feet
Special features: 2-floor penthouse apartment
Show windows: Approx. 6 x 35 feet.

RESTAURANT:
The restaurant has 60 seats plus 40 seats outside in the sidewalk cafe. It is totally equipped, with good turnover, and is currently leased for about US$1,200 per month(US$14,000 per year). The kitchen equipment, tables, etc., are owned by the building and leased by the current tenant who has 3-1/2 years left on the contract. The restaurant was recently renovated with two new bathrooms.

The restaurant is located on the ground floor, and there are 6 more floors above it, including 4 apartments and a three-room dwelling. Highlights include open fireplaces, balconies, terraces (also on the roof), outdoor barbecues, and an ocean view from each floor -- although the only really good views are from the top three floors.

LOCATION:
The apartments are located in the exclusive "Pocitos" quarter, about 100 yards from the sea and 200 yards from the best beach of the city. This is a wonderful location for living and business, near shopping centers, the World Trade Center, the yachting club and the golf club. The address is Francisco Vidal 649, located at the corner of 21 de Setiembre.

OTHER: The building has Wi-Fi Internet installed, and Cable TV.

• - GROUND FLOOR: Restaurant with 1,200 square feet and U-shaped bar.

• - 2nd FLOOR: Office-apartment with 800 square feet and balcony, plus two extra large public bathrooms and laundry area.

• - 3rd FLOOR: Three-room dwelling with 800 square feet and balcony.

• - 4th FLOOR: Apartment with 420 square feet and a 280-square-foot terrace, open fireplace and outdoor barbecue.

• - 5th FLOOR: Apartment with 420 square feet and 130-square-foot balcony, open fireplace, and large Roman bathtub made of marble

• - 6th FLOOR & 7th FLOOR: Apartment has 130 square feet and balcony on the 6th floor and 200 square feet with 150 square feet of terrace with barbecue on the 7th floor.