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SELECTION: For sale, North, Alcudia Town, Bar/Cafe

Bar/Cafe in Port D'Alcudia Mallorca For Sale

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Sales Price:
Currency convertor € 20,000
Rental Price:
Currency convertor € 15,000
Transaction:
For Sale/For Rent
Business Type:
Bar/Cafe
Term:
5 years negotiable
Tenure:
Leasehold
Area:
North
Reference No.:
b3825bs
View:
NA
Location:
Alcudia Town
Front line:
NA
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Reference No.: b3825bs
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.

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Property Description

Set on the busy main street and surrounded by holiday and residential accommodation, this business benefits from two entrances on two different
streets and has a large outdoor terrace as well as a covered ‘wrap-round’ terrace and the premises in total can seat around 80 customers. 
The main body of the bar/café is almost completely taken up by the kitchen area and you will find male and female washrooms upstairs. There are extensive storage areas – always a bonus!
The current owners have run this business for over nine years and now wish to retire. They currently open every day of the week from the start of May to the end of October, although a new owner with plenty of energy could feasibly open all year round, perhaps with reduced working hours.
The clientele are an international mix of British, Germans, Scandinavians, French, Russian and Dutch who come back to one of their favourite haunts every year, either to sit in or to use the take-away facility.
COMMENT: This is the perfect starter business for a couple who enjoy the hospitality business and can see ways to further increase the turnover of what is already a healthy enterprise.
Our multi-lingual staff would be delighted to show you the premises and guide you through the buying process, free of charge to you as a potential buyer.
 
 
 

This is a rare opportunity to buy a long-running and successful business for such a low price and in such an excellent location!

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