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Long Established Fully Equipped Central Torremolinos Music Bar For Sale

Torremolinos, Malaga, Spain
Asking Price:
€47,950
Turnover:
Available on request
Net Profit:
Available on request

* The advertised price of this business is 47.950 Euros with a monthly rent of 1.000 Euros. *

* Relevant Information * The freehold owner requires a refundable 2.700 Euros bond which we have included in the price along with agency fees to enable our clients to budget the true ingoing costs. * This latest business is an excellent opportunity for any of our clients looking for a long-established bar with a music license. * This desirable music bar is offered fully furnished, and equipped in good decorative condition throughout. * This established music bar is situated in the famous gay area of La Nogalera in central Torremolinos. * The current owner of this popular music bar is selling only due to a change in personal circumstances. * If interested in this established Torremolinos music bar please call to confirm availability as we don’t think it will be on the market long. *

Music bar for sale in Torremolinos, Malaga on the Costa del Sol in Spain.

This established music bar offers our clients good value for this type of venue. This licensed music bar is situated in the popular holiday resort and coastal town of Torremolinos. The bar is located in an area that enjoys trade from the locals, ex-pat community, multi-national residents and all-year-round tourist sector. The current owner of this music bar has been running the business as a theme pub with music and is selling only due to a change in personal circumstances. This desirable easily managed music bar is located in an area renowned for its late-night bars and is also adjacent to the famous gay area of La Nogalera. This latest opportunity to become the new owners of a music bar is perfect for a couple or working partnership who prefer evening working hours and are looking for a business venture with a good trading location, proven longevity and a fair price here on the Sunshine Coast of Spain.

The interior of this Torremolinos music bar is approximately 80 m2 with seating for around 24 plus comfortably. The style and décor are designed to give customers a friendly ambience and atmosphere of a typical fun music bar. The current owner has developed this bar into a place where clientele can relax and enjoy a club-style ambience. This desirable music bar is being offered as a turnkey business venture and is sold fully furnished and equipped to a good standard. The new owners of this established music venue will find lots of scope and potential. Beneath the main bar area is a basement of 65 m2 used as a dark room.

This music bar fun pub does not have a kitchen area. The owners do offer packet-style snacks for customers looking for something to nibble.

The exterior terrace area of this Torremolinos music bar is approximately 25 m2 with seating for around 24 plus comfortably. This valuable terrace of the bar is very popular during the warm summer evenings and is perfect for clientele to enjoy a cool refreshment and fresco during the long hot summer season.

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 1.100 Euros. ***

Living Accommodation:

Bar in the Sun will assist their clients to find suitable accommodation in the area and price budget they request.

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.

Size in square feet:
The interior of this music bar is approximately 80 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 have decided to sell due to various other business commitments.

Trading hours:

These premises have a music bar License which permits trading from 12pm until 4am.

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 30 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.