* The advertised price of this freehold cafe bar is 54.950 Euros. *
*** Recent update, the freehold concession owner of this central located cafe bar has just reduced the price of these premises from 64,950 Euros to 54,950 Euros a reduction of 10,000 Euros for a quick sale. *** This freehold concession unit has approximately ten years left on the contract. *** This freehold cafe bar has a tenant with a lease agreement paying 700 Euros per month giving a yearly return of 8.400 Euros excluding taxes. *** This freehold concession cafe bar offers a central trading location within the port area in the holiday resort and coastal town of Fuengirola. ***
Freehold Concession cafe bar for sale in Fuengirola, Malaga, on the Costa del Sol in Spain.
This freehold concession Cafe Bar is valid until the year 2035 which means the freehold owner has the rights to the property until this date. The present freehold owner has a tenant with a lease agreement paying a monthly rent of 700 Euros, this rent can increase with inflation on a yearly basis. If a tenant decides to sell his lease agreement he would need permission from the freehold owner to sell, if this happens the freehold owner has first option to buy the lease back for the sale price or can agree to give a new lease to the buyers where he would receive 20% of the agreed sales price for signing the new contract, the owner would also have the option to raise the rent by 10% on the new contract. If you require further details or information about the process and workings of this type of freehold concession please give us a call.
The interior of this cosy cafe bar is approximately 35 m2 with seating for around 10 comfortably, the premises have just recently been part refurbished and redecorated throughout and is offered furnished and equipped, there is a nice size serving bar with ample room on the rear gantry for the a good display of spirits. Please browse through the varied selection of pictures we have included to help gain an insight of the present style and layout of this freehold concession cafe bar.
The kitchen area of the café is located via an archway at the rear of the serving bar, this easily workable kitchen produces most types of snacks and basic menus associated with this style of cafe bar, new owners can easily produce a menu that suits their own preferences when it comes to the catering side of the business. Importantly this kitchen facility does comply with the latest licensing laws and regulations required by premises that cater with food to the public sector.
The exterior terrace of this cosy easily managed café bar is approximately 35 m2 and offers seating for around 32 comfortably, for customer comfort there is an overhead canopy that offers clientele welcome shade during the long hot summer months or when enclosed helps to retain the heat and warmth during the cooler winter months, this valuable sunny terrace area is a real 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 favorable 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 client’s requirements or simply answer any questions they 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. ***
