This is one of Benalmadena’s most well known Bars that has traded under the same name for 21 years.
The property owners have successfully run this popular thriving bar for the past 6 years but have now decided to take life a little easier and offer their bar and popular business for outright purchase or on a lease contract with low rent, both options are realistically and fairly priced so we do not expect it will be available for long. This advert is for the leasehold option, the freehold option is available at 215.000€ without sitting tenants.
For more information, or to arrange an appointment to view, please contact KS Costa Estates by sending a message, email to [email protected] or call / WhatsApp Karl on +34 636029636.
Located on a highly visible corner position with a spacious 40 plus seater terrace which fronts a pretty park area, this bar for over 2 decades has received good regular repeat locals trade and is also a very popular bar for holiday makers. The bar is a 10 minutes walk from the beach and is close to hotels and a multitude of holiday apartments.
This is a nice, easily operated bar with nice customers. The bar shows licensed sports events, there are 6 televisions with 3 separate streams. The bar competes in the summer pool league and has two teams in the winter league which creates good winter trade and a welcome extra income stream from the pool bar takings.
The newly air-conditioned bars interior has recently been professionally refurbished at a cost of 25.000 euros, so a new owner or tenant will acquire a well presented smart and stylish bar ready to take over without the need for further costly investment.
By choice the British owners do not offer food, however a compact licensed kitchen (currently used as a storage room) containing a new stainless steel extraction canopy could easily be developed by the new owner allowing them to introduce a pub food menu.
This really is a marvellous opportunity to buy outright, or acquire on a lease contract, a long established bar that has provided a good living for the owners in the past 21 years, perhaps you would like to be the third owner?
SUMMARY:
Long established Bar with a sound trading history.
Lots of goodwill.
Regular repeat custom.
Turnkey.
Transferred fully equipped and operational.
Recently refurbished.
Spacious 40 plus seater terrace, part can be fully enclosed.
Pleasant location close to hotels and masses of holiday let accommodation.
Hot kitchen license.
- Freehold Price:
- €215,000 Furniture / Fixtures included
- Leasehold:
- €41,500 Furniture / Fixtures included
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Real Estate:
-
Available as lease or with real property included
- Location:
-
Popular area of Benalmadena.
Surrounded by holiday let and permanent home apartments.
- Premises Details:
-
70m2 interior size
40m2 terrace size
Recently refurbished
Fully equipped and furnished
Licensed kitchen
Air-conditioning
Business Operation
- Trading hours:
-
Opens Tuesday to Friday from 15.00hrs
Opens Saturdays and Sundays from 13.00hrs
- Employees:
- 1 employee who would be interested to continue working at the bar
- Years established:
- 21
Other Information
- Support & training:
-
Many agents promise you the best price and the best service, but how many actually deliver this? We, Karl and Sam at KS Costa Estates, are not new to assisting buyers find their dream business on the stunning south coast of Spain, both of us have been helping our lovely clients for 18 years so can offer you so much help and advice. We moved to the Costa del Sol 25 years ago with our children of 6 and 8 years and have not looked back, so apart from the business aspect we can offer you advice on actually making that decision and taking the plunge! Apart from running our own commercial estate agency we have also owned a bar on the Costa del Sol, a retail equestrian business and an adventure tour business, all adding to our experiences here in sunny Spain and to our knowledge. Karl has appeared now 4 times on UK television on both A New Life In The Sun and Bargain Loving Brits In The Sun, all times helping buyers find the business that is right for them. We endeavour to do our job right from start to finish and for a long time after – Karl & Sam
- Leasehold asking price:
- €41,500 - Furniture / Fixtures included
