About this Property
Bar investment at Toco!
- 12,000 Sqft
- Four bedrooms
- Two bathrooms
- Livable and under renovation
- Active Bar license
Located on the Toco Main Road! A great opportunity for those looking to acquire an income generating property in the east! With not too much of work needed, the bar can be opened with just about one hundred and fifty thousand dollars. It’s not too far away from the Salybia Resort and just a few minutes from the popular Salybia Bay Road, a popular weekend getaway destination for locals.
The property is quite large, featuring 12,000 Sqft with a 30ft x 100ft bar spanning the front of the building and also a four bedroom home to the rear. To the front of the unit, the Bar has parking for 5 cars easily and many more parking to the interior. Given the large land space, it can be ideal for a pool and even further building expansion.
Some great ideas property for this can be:
- A full restaurant and bar
- Bed and Breakfast
- Café and Inn ( with a pool )
- Hotel and bar
There are not many neighboring buildings to this unit and it is quite quiet, beside the roadway traffic.
About the Region
Toco
Toco is the most northeasterly village on the island of Trinidad in the County of Saint David where the Caribbean Sea and the Atlantic Ocean meets. Tobago is 35 kilometres to the northeast, making Toco the closest point in Trinidad to the sister island Tobago.
A popular tourist destination, the Galera Point Lighthouse in Toco was built in 1897 and today is surrounded by a park and picnic area.
Today, Toco remains sparsely populated, although the numbers have grown since the olden days. In 1980, census reports indicate that the population was about 1311. The villagers of Toco are often very friendly. With its serene atmosphere and picturesque beaches, Toco remains one of the most popular surfing and vacationing spots in Trinidad and Tobago. In Toco, there are several coconut estates. The Baldeosingh family owns one of the largest in the area. Toco is considered to be a fishing village. Locals can get an education at Toco Secondary formerly Toco Composite, Toco Roman Catholic School and Toco Anglican School.
Toco has produced successful sportsmen such as: Keishorn Walcott (Gold medal Olympic winner), Mervin Dillion (Former West Indies Fast Bowler) & Famous Soca star Patrice Roberts.