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Absolute Bargain For Large Bar In Santa Ponsa For Sale

Santa Ponsa, Mallorca
Asking Price:
€19,950
Sales Revenue:
Available on request
Cash Flow:
Available on request

This bar is very well situated in the heart of the Shopping Centre in the resort.
The bar has been a traditional english bar for over 20 years and is a regular place for tourists and locals to catch up on the sport.
The owners have to relocate due to personal reasons hence the low price of the bar.
The Bar itself could do with a general refurbishment to bring it inline with the higher end clientele that are now coming to resort. The bar itself is surrounded by 4 & 5 star hotels but at such a low cost this should be easily achievable for most budgets
At such low cost and such a large space this bar has fantastic potential to be updated
It also have a large terrace which can seat over 30 people and has regular foot traffic as people go to the beach etc, so perfect for providing packed lunches for people as well. or maybe just stopping off for a quick drink on the way back from the beach
Its come with a pool table as well as 3 screens and sky digital to pick up all the latest sporting events
The Bar has huge potential and would suit a single owner/couple

Property information

Real Estate:

Lease

Lease Terms:

terms are 969€ and 630 winter months

Leasehold Rent:

€8,414 per annum

Location:

Santa Ponsa

Premises Details:

Large Bar

Business Operation

Expansion Potential:

Huge Potential to update and refit

Reasons for selling:

Relocation

Trading hours:

11am-12pm

Employees:
2
Years established:
20

Other Information

Support & training:

The owners are happy to provide a handover

Furniture / Fixtures value:
€15

Contact Information

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