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Reformed Restaurant Terrace And 5 Bedroom In Malaga For Sale

Las Chapas, Malaga, Spain
Freehold Price:
On request Furniture / Fixtures and Inventory / Stock included
Leasehold:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
€100K - €250K
Net Profit:
€50K - €100K

Urgent leasehold Sale
Also freehold fixed price 1.500,000,.

Unique opportunity to obtain a spacious restaurant business with gourmet and clothing sales with a 5-bedroom house for holiday use. We are talking about a house in Carib Playa las Chapas, 2 minutes from the beach itself. It is important to know that this is a unique and quality place and location ready to work
Restaurant area: street level entrance with large terrace of 100m2 + patio bar + dining room of another 200m2, large semi-open plan fitted kitchen, wood-burning oven a relic, store rooms, garage, freezer rooms, laundry, office, refrigerator chambers, preparation area. Beautiful decoration totally reformed in- and outside the whole property, which has a plot of 1230m2 plus a free parking area. There are many details in the decoration of the restaurant which breathes total relaxation—to have a good time with friends or to organize a wedding, birthday or private parties.
The house: Also totally reformed, about 140m2 consists of 5 bedrooms/studios, 2 bathrooms, plus terrace of 12m2. There is one more room available to install a new kitchen. At the moment the flat is used for the staff but is excellent for holiday use. General Information: The area of Las Chapas is well known and one of the best in Marbella. Carib Playa has a reputation for quality and tranquility in green areas dunes beach restaurants. It is 10 min from Marbella Fuengirola and 30 min to Malaga Airport. Conditions + Prices + Contracts: Rent is $8500 plus vat Deposit 2 months plus 3 months guarantee Contract duration: 15 years already; 2 years have passed Agency management 5% of the final price plus one monthly rent. You can share 100% of the shares of the SL (LTD) or pay the transfer of the business. The current tenant has made a big investment close to 650k.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

15 years 13 left

Leasehold Rent:

€102,000 per annum

Living Accommodation:

A 5 bed unit with terrace also fully reformed bathroom but kitchen not installed.

Location:

Marbella Las Chapas Carib Playa

Premises Details:

As described in head opening
Restored house from 1994 with restaurant patio shops and a 5 bed apartment for short term holiday rental or private use

Size in square feet:
140m2
Planning Consent:

All in accordance with townhall

Business Operation

Expansion Potential:

No

Competition / Market:

Normal but quite and quality area for more luxury tourism

Reasons for selling:

Personal situation

Trading hours:

Normal and depends on owner can be day and evenings till 2 at night

Employees:
6
Years established:
1996 but new Owner ship since 2022

Other Information

Support & training:

No

Financing available:

No

Furniture / Fixtures value:
€450,000 - included in the asking price
Inventory / Stock value:
€150,000 - included in the asking price
Related Documents:
Leasehold asking price:
€375,000 - Furniture / Fixtures and Inventory / Stock included
Distressed:
This business is a turnaround opportunity.