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One Of Finest Restaurants In Fuengirola For Sale

Fuengirola, Malaga
Asking Price:
€85,000
Turnover:
Available on request
Net Profit:
Available on request

One of Fuengirola's finest restaurants.
This superbly presented business holds a prime location in the busiest area of the resort with huge pedestrian traffic and with the town most recently construct four star hotel facing its exterior terraces.
The property holds a corner location in delightful town center Spanish square and is highly visible.
The front terrace can seat forty customers in comfort and is constantly busy with both tourists and locals taking coffee and morning tapas and enjoying a cool beer or a glass of wine in the afternoons.
The restaurant serves a popular fixed lunch menu from 13.00 to 15.00 with choices to satisfy all tastes.
The interior of the Bar-Restaurant is beautifully furnished and decorated offering a dining room with excellent atmosphere and comfort plus a cocktail bar where customers can relax while deciding and their choice from the excellent A La Carte menu.
In the main season many prefer to dine Al Fresco on the exterior terrace which has discrete lighting, heaters in the cooler months and looks across the tree filled Spanish Square.
The business has one of the area’s finest commercial kitchens and all interior has air-conditioning.
There are hotels, and many residential high quality apartments, in the area which provide clientele that appreciate the high standard offered by this Bar-Restaurant plus a high percentage of those staying at the luxury hotel, facing, are attracted by the evening terrace restaurant and chose this for their evening meal as it opens until 11AM to dine and 13.00 for drinks.
The business has a renewable lease of five years at 1200 euros monthly.
Offered at 85000 Euros.

Property information

Real Estate:

Lease

Lease Terms:

1200 monthly on a fully renewable lease contract.

Location:

Corner location in major Spanish Square.

Premises Details:

Ultra modern recently reformed but long established quality restaurant.

Business Operation

Trading hours:

Bars and Restaurants hold legal licences to open to the public from 07 AM until 02 AM.
An extra hour is permitted at weekends until 3 AM
Owners are not obliged to open their premises throughout these hours but can choose their preferred working hours.
Most restaurants open for lunch trade then take a three hours siesta and open from 19.00 until late.
Bar Cafes tend to work the breakfast and continue through the day with a siesta mid-afternoon when most holidaymakers are on the beach.
This owner opens from 10.00 until 16.00 then 19.00 until late.

Employees:
Owner & Wife business with full time Chef and waitresses as needed.
Years established:
10 years but totally reformed in 2018.

Other Information

Support & training:

All help and assistance offered to new owners including introductions to suppliers and regular clients.
Our agency arranges all legally required paperwork including the NIE & Spanish Residential Documents.
The Spanish government has confirmed that all UK subject owning a business and working in Spain will be allowed to remain after Brexit.

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