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.
The owner of this restaurant has been running this business for 25 years.
It is situated on a busy road just a few meters from big hotels.
As we enter the restaurant down on the staircase, we can admire the stunning mallorcan style decoration.
The restaurant itself is very spacious, with the bar situated at one corner and at the other, a nice barbecue which gives the place a warm atmosphere.
The tables and chairs are well organized, all made of wood.
There is air conditioning: however, being on a lower level, the restaurant stays cool even during the hot summers.
The kitchen itself is very spacious with different size of fridges, freezers, grill, deep fryers and well equipped with every necessary machine required by the serious chef.
There are 2 big storage rooms and an office.
The size of the place is 365 square meters and it is possible to put some tables outside the entrance of the restaurant.
The place has been closed in the last few years, but with an interesting and appetizing menu, both tourists and local residents would come to enjoy themselves.
This is a great opportunity to start a business with a really low rent!
This restaurant is also available for freehold.
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 well established restaurant on a busy holiday resort on the east coast.