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Vacant Café Bar In Central Arroyo For Sale

Benalmadena, Malaga, Spain
Asking Price:
€10,950
Turnover:
Not applicable
Net Profit:
Not applicable

Available for sale leasehold is this currently vacant café bar in a great location in Arroyo de la Miel, Benalmadena. The premises itself require some work but this café bar has the potential to become a successful business. With a large terrace and a small licensed hot kitchen, this would be ideal as a drinks and tapas bar. Centrally located in Arroyo, there are holiday apartments and other businesses all around this area, resulting in high levels of passing trade.

The 50m2 interior has a small kitchen which is licensed to cook hot food, but equipment and furnishings are required, which we are able to assist with. As mentioned above, the interior of this café bar does need some renovation, hence the low lease price. At the front is the large 50m2 terrace area which has a capacity for 20 tables. This area is the highlight of the premises, with plenty of space for customers to enjoy their food and drink.

The lease price is for a 5-year renewable contract and includes a returnable €6,900 landlord’s security deposit. The landlord is keen to sell the lease on this café bar and is therefore willing to negotiate the lease conditions with serious buyers. This café bar is crying out for a new owner to restore it to its former glory, as shown by the photographs that were taken approximately 6 months ago when it was trading. We encourage all potential buyers to arrange a viewing to fully appreciate the potential that this locale offers.

- Vacant café bar Arroyo de la Miel

- Central location

- 50m2 interior with licensed hot kitchen

- Needs renovation

- 50m2 terrace with capacity for 20 tables

- Plenty of potential

- Ideal drinks and tapas bar

- Price includes returnable security bond

NB. The details in the above description have been supplied by the current vendor. Businesses Abroad advise all potential buyers to complete a due diligence process before committing to a legal agreement.

Property Information

Real Estate:

Lease

Lease Terms:

5 Year renewable lease
Returnable security bond of €6,900 included in asking price.
2 Months rent required as deposit

Leasehold Rent:

13800 plus IVA per annum

Location:

Located near the train station of Benalmadena-Arroyo de la Miel, on a street just off a main road. Surrounded by other businesses, holiday lets and hotels.

Other Information

Support & training:

Our service to you is honest, trustworthy and unique. No other commercial agent can claim to have recently owned a cafe and therefore be fully aware of all the legalities, the mistakes and potential pitfalls to avoid and the true costs and expectations of running such a business. We know who the best suppliers are and we have an inclusive list of reliable tradesmen – all of which are passed on to our clients as part of our service.

We know the moment you receive the keys to your new business that this is when you really need our help and advice. We will support and guide you for as long as you need us at no extra charge. We want you to succeed!

Business closed / Asset sale:
Yes