Award-winning Bar Restaurant With 3-bed Apartment In Mijas Pueblo For Sale

Property Information

Real Estate:

Lease

Lease Terms:

New 5 Year Renewable Lease with Renewable terms of 5 Year Periods with ability to reassign or sell the lease at any point.

Leasehold Rent:

€16,200 per annum

Living Accommodation:

Benefiting from its own private entrance the 3 Bed Apartment can be accessed via the brand new front door leading directly into the open plan Lounge/Diner benefiting from lots of natural light, A+++ Air Conditioning, A++ Heat (both also controled via an app) and an open fire place with French doors providing access to the large front balcony terrace. A well equipped Kitchen with American Fridge Freezer opens into the lounge and has wonderful views via the double wooden framed window. Three bedrooms are accessed via the lounge, two of which are en suite and have brand new Double Glazed French doors leading out to their individual private balcony terraces. Having no residential property directly next door enables you to enjoy peace and privacy. The Apartment is sold fully furnished including Televisions, Samsung American Fridge Freezer, Beds, Sofas, Wardrobes, Chest Drawers, Bedside Tables & Side Board. The building has a fully functioning Alarm system with Cameras that can be accessed via an app on your device and connected or disconnected via fobs or your app. There is also a silent panic button both upstairs and down in the unlikely event of an emergency.

Location:

Always in bloom this is a Prime Location with Large Free Car Park surrounded by Established Trees overlooking the Swimming Pool and Tennis Court benefiting from year round local trade, regular guests from across the Costa del Sol and tourism.

Tables are often booked a month in advance and quite often find ourselves with a 2 week waiting list.

Premises Details:

Purpose built in the 1980s for this exclusive most sought after Urbanisation this beautiful property benefits from parquet flooring throughout the Bar, Restaurant and Kitchen with additional features such as an open fire place, wooden beams, plenty of storage, Air Con, Heating and a walk in Fridge. The popular terrace to the front is perfect for all weather with toldos allowing you to bring the outdoors in for most of the year. There is a sun soaked terrace as you enter the building and the use of a terrace to the side of the enclosed terrace providing shade via the canopies if required. Benefiting from its own private entrance the 3 Bed Apartment can be accessed via the brand new front door leading directly into the open plan Lounge/Diner benefiting from lots of natural light, A+++ Aircon & A++ Heating and an open fire place with French doors providing access to the large front balcony terrace. A well equipped Kitchen with American Fridge Freezer opens into the lounge and has wonderful views via the double wooden framed window. Three bedrooms are accessed via the lounge, two of which are en suite and have brand new Double Glazed French doors leading out to their individual private balcony terraces. The Bar, Restaurant and Apartment are sold fully furnished including televisions, Piano, Epos System, Sound System, Fully Equipped Kitchens, Glass Washer, Dishwasher, Pizza Oven, Plancher, Fryer, Freezers, 3 Ovens, 4 Burner Gas Hob, Fridges, Chiller and fully stocked.

Business Operation

Expansion Potential:

There is demand for a larger Restaurant to accommodate more guests and there is the opportunity to purchase an empty office unit next door to the Restaurant wall and knock through providing more space and added covers. The current owners have not done this as they were more than comfortable with the covers they have. There is also the potential to open more days and hours which has been requested alot but again the current owners do not want to add any more pressure.

The premises is also ideal and fully conforms to use the 3 Bed Apartment as a Holiday Let providing an additional substantial income year round with the best placed property on the Urbanisation.

Competition / Market:

There is no competition surrounding the premises unlike most businesses in Mijas Pueblo and you benefit from not only the local, regular year round trade on this fabulous Urbanisation made up of 184 properties but being a go to destination with a large loyal following travelling from far and wide to enjoy the Menus and atmosphere in this beautiful and tranquil destination. Additional benefits include year round tourism but it is rare there are tables available as it is usually fully booked 2 weeks in advance.

Reasons for selling:

Due to personal health

Trading hours:

Wednesday - Sunday 13h - 22:00

Years established:

40

Other Information

Support & training:

A full handover and ongoing support will be provided if required as well as benefiting from exclusive ongoing supplier discounts and introductions.

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