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SELECTION: For sale, Magaluf, Music Bars/Discos

Fantastic and very well-known Cafe Concierto Music Bar in Popular Resort

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Sales Price:
Currency convertor € 114,000
Rental Price:
Currency convertor € 2,000
For Sale/For Rent
Business Type:
Music Bars/Discos
21 years renewable
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Reference No.: b3683
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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.


Property Description

Inside, there is 80m2 of air-conditioned space, with upholstered bench seating running down one side, a central high bar table and a long, well equipped bar along the other side. To the rear, there is a small, but equipped kitchen and male and female washrooms. There are also small storage areas at the back and front of the premises. Of note is a separate storeroom, which is available for freehold sale only (price negotiable).
 In pride of place, though, is the DJ booth, complete with a sound and light system and karaoke. The bar also has a screen and projector, internet access, three televisions and Sky and Abu Dhabi satellite links.
A much-prized Café Concierto licence is in place and there is also a Cafeteria licence, so food could be produced and sold, although this is not its core business.
The décor is traditional Irish pub style, with wooden furniture and shelving and feature stained glass windows. A vast array of pub memorabilia adorns the walls and changing colour strip lighting adds to the atmosphere of this welcoming bar.
The business opens from 10.00 am to 4 am, every day from April to October, the pub operates with one member of staff during the day and three staff on nights. COMMENT: This is a true turnkey operation and ideal for someone with energy and experience in the hospitality business who wants to make money from Day One.

Ask any of the Magaluf faithful where this Music Bar is and they will be able to tell you! Located in the heart of the main ‘strip’ and in the same hands for the past 14 years, this famous landmark enjoys an international and returning client base.

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