Description:
This is an opportunity to buy one of the biggest bars here in Lanzarote.
Currently presented as a nightclub and lap dancing club this bar really must be seen to be appreciated. This bar has recently had a new full electrical installation coosting in excess of 60.000 Euros, and has air conditioning in in each of the rooms costing in excess of 30.000 Euros.
Due to the previous nature of this bar there are also 6 bedrooms to the rear of the bar, however these are only separated by temporary walls and can easily be removed for those not wishing to continue with its current theme thus increasing the bar area from a mere 200 square meters to a mind blowing 500 sq meters.
This bar comes fully furnished with all the quality furniture most people pay a fortune to obtain, and with various lighting sequences, and an illuminated stage this bar ticks all the boxes. It also comes complete with an on site office with safe etc, and a full music and sound system meaning that this literally is a turn key operation.
Freehold is also avaialbel for 1.35m Euros
Asking Price:
EUR €150,000.00
Our Ref:
BFL352
Terms of Sale:
Assets Only
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Time Established:
11
No. of Employees:
0
Expansion Potential:
For those not wishing to keep the business in the same theme, there is the potential to remove the internal walls and make this one of the biggest nightclubs on the island.
Competition/Market:
None
Trading Hours:
6pm - 4am
Reason for Sale:
Sale direct from the landlord
Owner Financing:
No
Value of Fixtures/Fittings:
EUR €140,000.00
Value of Stock/Inventory:
EUR €10,000.00
Website:
Property Type:
Leasehold
Lease Terms:
5 years Renewable
Leasehold Rent:
3000
Location:
Located close to the Casino and opening onto the main strip of Puerto Del Carmen this bar has bags of potential for those who know how to run either a big bar, or a bar of similar descriptions, and it has to be seen to be fully appreciated.
Premises Details:
Due to the previous nature of this bar there are also 6 bedrooms to the rear of the bar, however these are only separated by temporary walls and can easily be removed for those not wishing to continue with its current theme thus increasing the bar area from a mere 200 square meters to a mind blowing 500 sq meters.
This bar comes fully furnished with all the quality furniture most people pay a fortune to obtain, and with various lighting sequences, and an illuminated stage this bar ticks all the boxes. It also comes complete with an on site office with safe etc, and a full music and sound system meaning that this literally is a turn key operation.
Size (Sq meters or feet):
500 sq Meters