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Front Line Bar And Restaurant In Fuengirola For Sale

Fuengirola, Malaga
Asking Price:
€50,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Absolute front line large quality, long established Bar-Restaurant reduced by 15,000 Euros.
Wonderful opportunity to purchase a quality restaurant located in an absolute front line position in a quality tourist area.Huge double front terrace leading into a superb bar and dining area which is serviced via a large, fully equipped commercial kitchen that has every possible piece of catering machinery, all in stainless steel, and with the advantage of plenty of working area.
This Bar-Restaurant holds a fantastic location directly on the marina walkway and having all the boats and private yachts only two meters away from the clients. The magnificent terrace that fronts the dining area and entertainment bar has sun from sunrise to sunset and is constantly busy.
The property holds a fully legal Bar/Café/Restaurant license and is in a position second to none as it holds the central location on the front line walkway plus it is the largest bar in the complex and has sun from 7 AM until sunset.
The large interior has a superb designer bar and is well furnished with seating for around fifty customers.
The very large commercial kitchen was totally reformed in 2016 and is one of the best in the area.
A 10-year lease contract is offered.
Monthly rental fixed 1600 euros which is very low for the size and location and the quality of this property.
Business open, fully operational and very busy offered now at 50,000 Euros!!
• Sea views
• Mountain views
• Panoramic view
• Sea views

Property information

Real Estate:

Lease

Lease Terms:

1600 Euros monthly on a ten year lease contract.
This equates to approx £50 a day for a huge front line Bar-Restaurant.

Location:

This Bar-Restaurant holds a fantastic location directly on the marina walkway and having all the boats and private yachts only two meters away from the clients. The magnificent terrace that fronts the dining area and entertainment bar has sun from sunrise to sunset and is constantly busy.

Premises Details:

Single storey, very large Bar-Restaurant with entrances from the front line and also at th rear from the entertainment square.
No property above so no problem with noise pollution!

Business Operation

Expansion Potential:

Possibility to introduce theme evenings.

Competition / Market:

No other bar of this size.

Reasons for selling:

Domestic

Trading hours:

Bars and Restaurants hold legal licences to open to the public from 07 AM until 02 AM.
An extra hour is permitted at weekends until 3 AM
Owners are not obliged to open their premises throughout these hours but can choose their preferred working hours.
Most restaurants open for lunch trade then take a three hours siesta and open from 19.00 until late.
Bar Cafes tend to work the breakfast and continue through the day with a siesta mid-afternoon when most holidaymakers are on the beach.
This owner opens from 10 AM until late.

Employees:
Owner plus Chef and waitress plus part-time local waiters as needed
Years established:
In same ownership for the past thirty years.

Other Information

Support & training:

Help and assistance offered to new owners including introductions to suppliers and regular clients.
Our agency arranges all legally required paperwork including the NIE & Spanish Residential Documents.
The Spanish government has confirmed that all UK subject owning a business and working in Spain will be allowed to remain after Brexit.

Contact Information

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