* The advertised price of this business is 4.950 Euros with a monthly rent of 850 Euros. *
* This bargain priced long established and famous music bar is situated in the centre of the famous gay area of Torremolinos known as La Nogalera. * The interior of this famous long established Torremolinos music bar does require some works which is explained in the editorial below. * This famous music bar is ideal for a couple or working partnership that enjoy working predominantly in the evenings. * This music bar has only just become available and comes with the added advantage of low monthly rent and overheads. If interested contact us first to confirm availability. *
Music bars for lease in La Nogalera, Torremolinos, Malaga, on the Costa del Sol in Spain.
This Torremolinos music bar offers a good trading location in the famous gay friendly area of La Nogalera in central Torremolinos. This music bar is the longest established and most well know bar in La Nogalera, it has been open since 1968 and has had only 4 tenants during this time. Trade in this highly popular resort is an excellent mix of locals, multi national residents and the ever present tourist sector which helps to ensure a steady all year round trade. Surrounding this drinks bar is a large catchment of holiday apartments, various hotels, hostels and residential homes. This latest business opportunity is available for viewing with us now. So why so cheap? For the first time in over fifty six years the bar is closed and to reopen requires work to be done to comply with the latest townhall regulations. This music bar requires soundproofing which the freehold owner has received to estimates for the required work, both estimates were within 200 Euros of each other and would cost around 6.500 Euros to complete the works, additionally a new sound limiter would be required to comply with the music licence the cost of this is estimated at around 2.000 Euros a total cost of 8.500 Euros, new owners would probably want to give the place a bit of a makeover and redecorate so let us say another 5.000 Euros. Taking all this into consideration the freehold owner has decided to give a new lease at a bargain price to a new tenant that would allow them to carry out the necessary work and reap the benefits when completed. We believe that for the longest established music bar in the famous gay area of La Nogalera this is a real bargain.
The interior of this Torremolinos music bar is approximately 40 m2 with seating for around 20 plus comfortably not including standing area. On entering the business there is an easily managed serving bar with ample room on the rear gantry for the display of beverages. This famous La Nogalera music bar as mentioned previously and detailed in the paragraph above does require some works to be carried out to comply with the latest townhall regulations. Please note. For any of our clients that have further questions about this latest business please contact us. This famous La Nogalera music bar also has the added advantage of very reasonable monthly rent and overheads.
This Torremolinos music bar does not have a kitchen facility.
The exterior terrace area of this Torremolinos music bar is approximately 10 m2 with seating for around 12 comfortably. This valuable terrace area is surrounded by late night drinks bars and clubs and is a valuable asset to the business.
NB. Important information! The details and description of this business is based solely on the information our company has received from the seller / vendor of the business. Our company strongly advise all their clients not to enter in to any agreements for any business without having engaged the services of a legal representative who would complete a due diligence process on the said business and review the new lease agreement contract from the freehold owner to ensure that the terms and conditions are favourable and fair to both parties and compliant with Spanish law.
* Bar in the sun are one of the longest established business and commercial transfer agents on the Costa Del Sol, we speak the local language fluently and always negotiate directly the best price, terms and conditions for our clients interested in the purchase, lease or rental of any type of business, our pre and after sales service is the envy of our competitors, what other agents boast, promise and guarantee our clients enjoy and receive as normal working practice, with three family members having served in the real estate industry for 30 years here on the Costa Del Sol we offer over 90 years of combined experience working on your behalf. *
* Our Fuengirola office showroom is located at Calle Jacinto Benavente local 1, only a short one minute walk from the main Fuengirola bus station and a three minute walk from the train station. We are available to discuss your requirements or simply answer any questions you may have about buying a business in Spain from 10am until 4pm Monday to Friday, we are also available out of normal office hours for pre arranged appointments, we look forward to your visit and meeting with you soon. *
