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Absoulte Bargain Bar Cafe At 24k For Sale

Fuengirola, Malaga, Spain
Asking Price:
€24,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

Beautiful Bar-Café Fuengirola with excellent terrace and small garden area.
Totally refurbished and decorated in 2019 with the installation of a new commercial kitchen.
All new serving bar and toilets, all new machinery, all new furniture.
The owner has returned to Italy but renovated specifically to sell.
No other bar-cafe available in this sought after and popular tourist area.
No better presented Bar-Café available at this price, the last one sold in this location was via our company, it was exactly the same size with the same facilities but not modernized or with the same quality of decor and furnishings, sold in December at 35000 Euros!
A highly visible position that has all of the days from mornings until evening.
Single story property no residents above so no problem with noise!
Offered with a ten-year lease contract at an incredibly low rent of only 650 euros monthly.
Asking 24000 Euros.
This is a true Turn-Key situation purchase and opens the same day, we supply the beer!

Property Information

Real Estate:

Lease

Lease Terms:

650 Euros monthly on a ten-years lease contract!

Location:

Prime position in the Marina.

Premises Details:

Single story with no residential properties above so no problem with noise.
Three major four-star hotels are located just to the rear of this business and the hundreds of tourists that walk daily along the promenade pass this business.

Business Operation

Reasons for selling:

The seller has had o return to his home in Italy for personal reasons.

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.

Employees:
Owner operated. Perfect for a couple to start a new life in the sun.
Years established:
35 but totally reformed.

Other Information

Support & training:

All 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.

Furniture / Fixtures value:
€10,000 - included in the asking price
Related Documents:

Contact Information

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