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Very Successful And Popular Bar With Fantastic Terrace For Sale

Benalmadena, Malaga, Spain
Asking Price:
€35,950 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Operated very successfully by the current owner for 6 years, this easily run pub style Bar is one of the most popular and well known bars in the ever popular holiday resort of Benalmadena, it receives regular repeat business from both local expat residents and holiday makers.

The bars nicely presented interior has a pub style feel.

Approximately 20 customers can be comfortably seated inside.

Outside this lovely bar there is a fantastic and enviable terrace area that is a magnet for custom, and benefitting from no terrace tax to pay, this valuable seating area can accommodate more than 50 customers.
In the afternoons, even during the winter period, the terrace is bathed in sunshine, and it certainly ensures and attracts a good amount of customers.

A section of the terrace has a fully enclosed canopy, which offers welcome shade and also acts as a natural extension to the interior of the bar, which is ideal during the cooler periods.

Although this drinks bar does not contain a licensed kitchen, there is a small cold kitchen area that has previously been used to prepare snacks such as toasties, paninis, baguettes, etc.

Should a new owner wish to introduce a small food menu, then the already good profits could be increased.

This is a very genuine opportunity to take over a long established, easily run, turnkey business with lots of goodwill and low rent and overhead.

The monthly rent is currently only 816 euros + tax.

For more information, or to arrange an appointment to view, please contact KS Costa Estates by sending a message.

SUMMARY:

Long-established bar.
6 years with the current tenant.
Popular bar for locals and holidaymakers.
Easily operated by a couple or an individual.
Cold kitchen space for snack preparation.
Fantastic sunny terrace seating 50+ customers.
A long lease is available.
Reasonable rent and low overheads.
Turnkey.
Transferred fully functional.
Lots of goodwill.
Year-round trade is available.
Handover period.

Property Information

Real Estate:

Lease

Lease Terms:

10 or 15 years lease contract.
The rent for the new tenants will be 800 euros + tax, that is a very reasonable amount.
Also benefitting from NO terrace tax to pay.

Living Accommodation:

Not many commercial properties here on the Costa del Sol come with accommodation included however this area is full of apartments, town houses and villas with some available on long term rental contracts or for sale, if you want to live outside of the immediate area then there are villas, town houses, fincas and apartments.

Location:

Located in the ever popular Benalmadena.
The bar is located on a well known road and surrounded by hundreds of apartments that are either permanent homes or let out to holiday makers.

Premises Details:

Interior of approximately 40m2.
Equipped and furnished.
Small cold snack kitchen area.
Fantastic terrace for over 50 seated customers.

Business Operation

Reasons for selling:

Time to retire.

Trading hours:

Open Sunday - Thursday.
Summer hours 17.00 - 01.00hrs.
Winter hours 14.00 - 21.30hrs.

The trading license allows this bar to open anytime during the hours of 06.00hrs until 02.00 plus an extra hour extension until 03.00hrs at weekends and public holidays, so you can choose between these hours when you want to open the business.

Other Information

Support & training:

Handover period is offered by the seller and we at KS Costa Estates offer you our full support. Here are a few extracts from some of our reviews:
They are both extremely professional and friendly and will find you the best value properties all stress free / He will understand your business needs and guide you through the process from start to end / I’m thankful for all the help provided by Karl & Samantha to make my dream a reality / negotiated us the best deal / Nothing is too much trouble / vast number of contacts in different fields, all of which have proved to be extremely helpful / continues to offer support even after the purchase / Friendly and professional service. Highly recommended / Your professional business approach is amazing / awesome knowledge of Spanish life and business / There are many agents in the Costa del sol but then there is Karl and Sam.