Description:
PRICE €300.000 Freehold
Leasehold at €75.000 Traspaso and €12.000 per annum rent also considered
Separate living accommodation directly above the bar avaialble at €160.000 for a 3 bed apartment with 110sqm and lovely views.
Plus a separate double garage at €40.000
This bar and restaurant has a great feel about it. The many windows allow for maximum light and allow a cooling breeze through the premises. It is well positioned to attract all year trade and particularly benefits from the holiday trade over the summer as it overlooks the canal and Mar Menor and its moored yachts. The premises have been in the same hands for nearly 10 years and the owners wish to enjoy their retirement.
The premises are open plan with one part a restaurant with some 24 covers overlooking an open kitchen. The kitchen is currently open from 11.00am until 3.30pm for brekfast and lunch and again from 7.00pm until 10.30pm for evening meals and tapas. The offering is good quality fresh food ranging from full English Breakfast to sandwiches and jacket potatoes to steaks, fish and homemade pies.
The other part of the premises is a less formal bar with soft seating, 2 large screen TV's and a pool table. The overall hours ofopening are from 11.00am until close six days a week. The premises close on Thursdays. There is obviously scope to extend the restasurant hours to include Thursdays as well as to serve later in the summer which would be appreciated in particular by the Spanish community which holiday in the area.
The 3 terraces encourage outside eating and at any time of the day at least one terrace has sun and another shade. The terrace to the rear is approximately 10m wide and 2.5m deep with room for around 16 covers. It enjoys the morning sun and overlooks the small canal. To the side this terrace enjoys sun nearly all day and has views to the Mar Menor. It is particularly popular in the Winter. At the front is a pretty, covered terrace surrounded by bougainvilla and seating 20 people.
The bar itself is equipped with 3 pumps, cooler, double sink, coffee machine, double fridge and further ice freezer an there is a place to the rear for holding stock. The kitchen is well laid out with all of the necessary equipment and it leads to a good size store room.
There is a separate double garage available for extra storage at €40.000 at the end of the terrrace, some 30m away. Also there is a 110sqm 3 bed apartment that is avaialble directly above the bar for €160.000.
Overall, freehold businesses like this are not easy to come by and the location and ambience will attract a lot of enquiries.
Viewing Arrangements
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.
RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.
Asking Price:
EUR €300,000.00
Our Ref:
Unspecified
Terms of Sale:
Unspecified
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed
Website:
Property Type:
Freehold
Size (Sq meters or feet):
110220