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Finance And Services:

Sold. Restaurants Business For Sale

LISTING DETAILS
Firms For Sale ID:
12778
Vendor reference:
SB1280
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€40,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Freehold or Leasehold opportunity!
A bar/restaurant in a commanding location between the major holiday resort of Fuengirola and Mijas Pueblo, one of the most visited tourists sights in Andalucía.
The highly visible location of this detached property results in literally hundreds of both local residents and tourists passing the business daily.
Another advantage is the properties position almost alongside a very large four star hotel which is popular year around.
This is a very impressive property, detached and in its own grounds with ample private car parking.
Clients should note that this lease was originally sold for £125,000 but, due to a family bereavement, the business has been closed for six months and, as such requires a face lift, decor wise, to regain its original impressive ambiance and character.
The graphics show were taken when last sold the decor is different now but the kitchens and interior are exactly the same only the colour scheme and re-positioning of the main bar are different, a week?s work painting the interior will put everything back as it was originally but with a saving of 85000 Euros in the price!
Originally designed to operate as a quality Sports Bar but with excellent kitchens that are capable of provide a full A La Carte menu.
The re installation of Sky Digital to show all major sports events and weekend Premiership matches will guarantee high local interest as there is no venue of this size anywhere near.
This business is sound proofed and in the past live entertainment was offered weekly which always ensured a full house!
This is a wonderful business and would be the perfect venue for a young professional chef wanting to make his mark in a very affluent area where eating out is a popular pastime.
Our company will assist in free installation of all new Beer Dispensers.
A rent to buy option is available with the property offered as a freehold at 350,000 Euros.
Leasehold is only 40,000 Euros with the option of the freehold written in and all leasehold payment deducted from freehold price if the option is exercised.
Five years lease at 1,750 Euros monthly.
A great opportunity to obtain a well known business with no local completion.

Beach Bars - Restaurants - Hotels - Bar/Cafes - Pubs - Discos on the Costa del Sol, request our listings at info@spanishbars.com