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Restaurant Bar At Superb Location In Fuengirola For Sale

FUENGIROLA, Malaga, Spain
Asking Price:
€69,950
Turnover:
Under €100K
Net Profit:
€50K - €100K

Lease Price: 69.950
Monthly Rent: 1500 + vat
This restaurant/bar is located beachfront on the most frequent street, Paseo Maritimo in Fuengirola. Located yards from the beach and in what is regarded as the busiest eating and drinking area of Fuengirola and surrounded by similar businesses, holiday lets, residential properties and several large exclusive hotels just steps away. This business is licensed as a restaurant; however, the current tenant has chosen to operate as a drinks and tapas bar. If the new tenant chooses to operate as a restaurant, with small adjustments is required to bring this kitchen up to the required local authority standards, but the current license is still valid and restaurant can be fully operational!
The interior of this large restaurant/bar measures approximately 40m2. There are currently 4 tables seating for 16+ customers. 2 televisions can show sports from all over the world and air conditioning for customers' comfort.
The terrace area measures approximately 50m2 and currently has 11 tables seating 40+ customers and more tables can easily be added. There is a television on the terrace and an overhead canopy has been installed to offer shade during the long hot summer months. The position offers sunny mornings (both on closed terrasse during winter time), while afternoon ensures enjoyable moments for those who wants to escape hot beach and have some refreshment (open terrasse during summer time).
The current lease holder ensures 25 years contract with the owner and can be easily transferred to the new lease holder. This is one of our businesses where the new lease owner will own all the furnishings and equipment entirely. We invite you to browse through our photos and to contact us to arrange an official viewing at your earliest convenience.
- Superb location - beachfront
- 25+ years contract
- 40m2 interior
- 50m2 terrace 11+ tables seating 40+ customers
- Large horseshoe-shaped bar area
- 2 televisions
- Furnished and equipped

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Current tenant has 25 years lease and ready to negotiate for the same lease contract with the new tenant

Leasehold Rent:

€18 per annum

Location:

Prime high street location in Los Boliches, Fuengirola

Planning Consent:

Yes

Business Operation

Reasons for selling:

Family realocation

Trading hours:

16.00 p.m-03.00 a.m

Employees:
2
Years established:
over 20 years

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