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SELECTION: For sale, Palmanova, Restaurant

Well-known Bar/Cafe/Restaurant in Excellent Location For Sale

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Sales Price:
Currency convertor € 49,950
Rental Price:
Currency convertor € 1,100
For Sale/For Rent
Business Type:
10 years renewable
Reference No.:
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Reference No.: b3524
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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

This successful business has been run by the same owners for the last five years and the only reason for sale is that they would like to enjoy a well-earned retirement!  The premises themselves cover an area of 2 units and will comfortably accommodate 24 people inside and a further 20 people on the terrace.  With large windows at the front, the interior is bright and freshly painted in cream and red, which gives a warm and welcoming feeling.  Wicker-seated wooden chairs and tables are arranged in the inside, whilst there are wicker chairs with colourful cushions and tables on the terrace.
The bar area is spacious and well-equipped with a range of fridges, freezers, glass washer, bottle coolers etc and is set to one side of the premises, with a number of bar stools, ideal for that pre-dinner drink or socialising!  The washrooms are to the rear of this area, as is the kitchen which is is compact it is very workable and also well equipped with gas hob, grill, deep fat fryers, toaster, microwaves, washing-up facilities and fully fitted with extractor hood and fan.  A brand new electric system has recently been installed at a cost of around 3,000 Euros.
The clientele is a mix of residents and returning tourists and is a firm favourite with local Spanish workers.  Whilst the business could easily be run all year round, the present owners have chosen to run it from March to the end of October, opening every day from 10am to 10pm.  They serve breakfasts, lunches and dinners and their traditional Sunday roast dinners are always a winner.
COMMENT:  This is ideal for a couple or family with experience in the hospitality business who can maintain and enhance this already successful and popular bar/cafe/restaurant.

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 well-known and established Bar/Cafe/Restaurant is situated just off the beach promenade in a very popular resort.

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