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Bar Restaurant Fantastic Reputation Exceptionally Busy Mijascosta Location For Sale

Mijas Costa, Malaga, Spain
Freehold Price:
€299,950
Leasehold:
€65,000
Turnover:
Available on request
Net Profit:
Available on request

This highly successful bar / restaurant has been in the current ownership for almost 15 years and enjoys a fantastic reputation. The owners would like to travel and spend time with the family so have decided to sell.

It is in an exceptionally busy location and is popular with local residents and tourists. In the summer it is constantly run at full capacity and hundreds of people walk past each day.

The restaurant itself was previously 2 properties and have now been combined, in addition the is an enclosed area between the two properties, of which this business has the sole use.

The bar area has a timber top with beer tap, shelving for bottles and glasses, glass washer sink, coffee machine, a cash till and bar seating.

The dining room is extremely attractive, it is in the area between the two properties that only this business has the use, it has a large picture window overlooking the community swimming pool and the sea. It has modern decoration and seating for 30 people comfortably.

The main kitchen is small but fully fitted, it has a four burner hob with oven under, there are 3 microwaves, fridges, freezers, a dishwasher twin sink, and extraction system.

The second property is used a s an overflow kitchen and storeroom. It has plenty of room for preparation as well as an additional oven and hob, fridges freezers and microwave. There is a huge amount of stage with shelving and also a large loft area.

The terrace is a good size and current seats around 40 people although this number could be increased.

In total there is around 90m2 inside plus the dining area and around 50m2 on the terrace

The property is available either for sale at 295.000€ or to trespass with a new 5 year renewable lease at 65.000€ with a monthly rental of 1200€.

There is a community charge of 40€ per month and there is no terrace tax payable.

Important Notice.

If you are thinking about buying a business, always make sure you use a genuine and professional agency.

Mind Your Own Business is a fully Insured and fully legal SL (limited) Company specialising only in commercial estate agency and business transfer.

You can visit us in our offices before, during or after the purchase of your business, to discuss your requirements and we can also assist with any difficulties that may arise, based on over thirty five years’ experience in the business.

Property Information

Real Estate:

Available as lease or with real property included

Other Information

Leasehold asking price:
€65,000