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SELECTION: For sale, Palmanova, Restaurant

Trendy modern bar/restaurant close to beach in Palmanova for sale

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Sales Price:
Currency convertor € 375,000
Rental Price:
Currency convertor € 5,000
Transaction:
For Sale/For Rent
Business Type:
Restaurant
Term:
12 Yrs Renewable
Tenure:
Leasehold
Area:
Reference No.:
b3339
View:
NA
Location:
Palmanova
Front line:
NA
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Reference No.: b3339
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Property Description

First impressions of this business are most favourable - not only is it in a prime location, but is very spacious (with a capacity of 160 customers) and very appealng to the eye.  Before even entering the premises, you are drawn to the quality wooden decking of the extensive partly covered terrace of around 200m2, together with the modern, new furniture, including mosaic-topped circular tables and wicker chairs.  To one end of the terrace, an area is given to having more of a chill-out zone with wicker sofas and from where the customers can see the interior open plan kitchen.  There are also a number of sunshades, plasma televisions and wall-mounted heaters.
The wooden flooring theme is continued inside with the focal point being the bar itself.  With 'mood' LED lighting, chrome suspended lamps, mirrored back wall, not to mention a full range of bar equipment, including coffee machine, this is an impressive area.  The interior is around 150m2 in size and has two main areas, divided by central upholstered bench seating with high bar tables and modern wooden bar stools with suede seats.  One side of the bar area is the main 'chill out' area and has comfy sofas and tub chairs and low bar tables.  To the other side is a raised area with alcove seating and a number of tables and chairs - this area is particularly popular with families with young children, having brightly-painted walls.  Also popular with the same clientele, is the kids' play area, where the kids can go to amuse themselves while the parents enjoy a rare quiet moment to finish their meal and drinks!  There is also a storeroom and three washrooms to the rear of the premises.
The open plan kitchen has every appliance needed to run a top quality restaurant, including a flame grill, planchas, estractor, stainless steel hot drawers and cool chests - and a separate Cold Room, enclosed with glass walls.  Off the kitchen are more stockrooms and fridge/freezers.
Overall, the recent renovation has given the business a gastro-pub feel and has attracted an international clientele, as well as a loyal younger Spanish customer base, who come in for the excellent tapas on offer.  The business also holds a music licence and is popular with the young and not-so-young ,with couples, families and work colleagues/ friends who come in after a hard day's work to relax.  It is open from 8 am to 1 am seven days a week in the summer season, running efficiently with 7-8 staff and closes for a few months over the winter season, although the present owners have indicated that it could benefit from staying open all year.
COMMENT:  This business shows excellent trading figures over the past three years of the existing owner's tenure, has a long lease period remaining and is ready for a new owner to walk in and start earning - we strongly recommend viewing whilst this business is still available for sale.
 

Recently renovated, this most attractive Bar/Restaurant is set on a busy thoroughfare, close to the beach at Palmanova and surrounded by residential and holiday apartmentments and hotels, providing plenty of footfall.  Indeed, running along one side of the premises is the access  to three apartment complexes and one hotel, so a captive audience is on tap!

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