Description:
Bar-Restaurant with captive trade!
Large Bar and Restaurant in busy resort on the Costa del Sol, between Marbella and Gibraltar, with all year round trade.
Aside from the very busy pool and beach summer season, the area offers an abundance of Championship Golf courses and is very popular with travelling golf societies from October through to May.
This long established resort consists of 400 units and is part time–share and part owner occupier, and is set in the middle of an extremely large catchments area, consisting of Park Beach 185 units, Albayalde 100 units, Sun Beach 100 units, Costalita with over 500 units, and numerous private villas in the immediate area.
The business is open for breakfasts lunches and dinners and operates as a traditional roast lunch venue on Sundays and at present is closed on Mondays.
A good trade is to be had from it’s location as a popular wedding venue area with six or more weddings a year.
Totally refurbished by the present owners in 2006, to EU standards, including total rewire, all new gas installation, sanitary and plumbing, disabled ramps and toilet facilities. All new equipment and furniture and fixtures.
Features a large fully equipped bar with music system and three TV's with satellite system with all sports channels.
The separate restaurant area can seat 70 and features an open fireplace, creating great winter ambiance
In total there are 294.63 square metres, not including the large terrace seating 40+, overlooking the pool, beach and Mediterranean Sea, the kitchen and storage/ preparation area alone taking more than 50 square metres.
The kitchens are fully equipped and able to cater for large numbers.
To be sold as a fully operating business including all equipment, fixtures and fittings, stock at value.
The premises freehold is owned by the community and leased out privately.
The business is being operated by the owners and two staff which are then supplemented by part time help in the season (June July August & September)
This operation would suit a family or a two couple partnership.
Five years renewable lease is offered at only 300 Euros weekly!
Offered at 160,000 Euros.
www.spanishbars.com
Great business for experienced couple.
Asking Price:
EUR €160,000.00
Our Ref:
SB1456
Terms of Sale:
Unspecified
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Time Established:
10 years
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed
Website:
Property Type:
Leasehold
Lease Terms:
Ten years renewable
Leasehold Rent:
1200 Euros monthly
Location:
Between Marbella and Gibralter
Premises Details:
Located in a long established resort consists of 400 units and is part time–share and part owner occupier, and is set in the middle of an extremely large catchments area, consisting of Park Beach 185 units, Albayalde 100 units, Sun Beach 100 units, Costalita with over 500 units, and numerous private villas in the immediate area.