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Fully Equipped Torremolinos Music Bar With Apartment Included For Sale

Torremolinos, Malaga, Spain
Asking Price:
€49,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

* The advertised price of this business is 49.950 Euros with a monthly rent of 2.150 Euros + IVA. *

*** The monthly rent of this licensed music bar includes a one bedroom apartment above the premises. *** This desirable music lounge bar has only just become available. *** This music bar is situated in the ever famous gay and party area in central Torremolinos. *** The bar has a music license and is ideal for a couple or partnership looking for a new business venture here on the sunshine coast of Spain. *** Very fairly priced by the current owner to entice a quick sale. ***

Music lounge bar for lease in Torremolinos, Malaga on the Costa del Sol in Southern Spain.

The present owner of this desirable music lounge bar is with regret selling only due a change in his personal health. This music bar is situated in the busy and very popular gay and party area of Torremolinos and enjoys a good regular trade from locals and tourists throughout the year. The owner presently opens from 8pm until 2am by personal preference, lots of scope and potential to extend these hour by opening daytime as well. This bar does have a music license in place and includes a one bedroom apartment within the monthly rent.

The interior of this music lounge bar is approximately 100 m2 with a capacity for around 50 plus comfortably, when entering the premises clientele immediately enjoy the warm inviting ambience due to the rustic deco and furnishings, there is an easily managed serving bar with ample room on the rear gantry for displaying a good selection of wines, spirits and beverages. The interior is in excellent cosmetic condition throughout and comes fully furnished and equipped. This highly desirable music bar is being sold as a turnkey business opportunity. Please browse through the pictures included which are current and hopefully provide an insight to the present design, style and layout of the bar.

This business although advertised as a music lounge bar could possibly have a small cold kitchen area that could easily be utilised for preparing and serving snack style food, more or less any style of catering that did not omit smoke or fumes can be prepared and served from a cold kitchen area, at present this area is being used as a storage room for stock and merchandise.

The exterior terrace area of this music lounge bar is approximately 25 m2 and offers seating for around 36 plus comfortably, this terrace is very popular during the long hot summer evenings 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 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. ***

Property Information

Real Estate:

Lease

Lease Terms:

This music bar is offered on a secure lease contract.
The monthly rent payable is currently set at 2.150 Euros + IVA.

Living Accommodation:

This music bar has a spacious one bedroom apartment above which is included with the monthly rent of the bar.

Location:

This music bar is situated in the famous La Nogalera in the centre of the holiday resort and coastal town of Torremolinos.

Premises Details:

This Torremolinos music bar is fully furnished and will only require new owners personal style and theme, it also includes a spacious one bedroom Apartment within the monthly rent.

Size in square feet:
The interior of this music bar is approximately 100 m2 with an exterior terrace area of 25 m2

Business Operation

Competition / Market:

This Torremolinos music bar has varied competition due to its central location and will offer new owners lots of scope and potential.

Reasons for selling:

The owners of this music bar with regret is selling only due to a change in personal health circumstances.

Trading hours:

These premises have a music bar License which permits trading from 12pm until 2am, 3am at weekends.

Employees:
This established music bar is ideally suited to be owned and run by a couple or working partnership.
Years established:
These premises have been established as a music bar for over 35 years, the business is open and trading but awaiting a new owner.

Other Information

Support & training:

Bar in the Sun offer their clients an unrivalled pre-sales and after sales customer support service for any of there needs and requirements, let us introduce you to our previous clients who have purchased a business from us, this will enable you the opportunity to freely talk with former buyers who are now running their own business here in Spain.