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SELECTION: For sale, East, Cala Millor, Bar/Cafe

Magnificent Cabaret bar/restaurant in Cala Millor for sale

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Sales Price:
Currency convertor € 107,000
Rental Price:
Currency convertor € 1,500
Transaction:
For Sale/For Rent
Business Type:
Bar/Cafe
Term:
5 years renewable
Tenure:
Leasehold
Area:
East
Reference No.:
b3414bs
View:
NA
Location:
Cala Millor
Front line:
NA
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Reference No.: b3414bs
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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

Established in 1999 this business can certainly boast of a large repeat trade. It is situated close to large hotels and boasts a set back off road position allowing a safe garden terrace area. The well known and suitably popular bar/restaurant has pleased crowds of holiday makers looking for a clean, fresh and welcoming place to eat.
This bar has gained fame with sports lovers, with the business benefiting from Sky TV and full sporting coverage; including the Gran Prix, European and International football games etc.. With family meals and entertainment having seen a steady increase over the years. with other TV favourites like Strictly Come Dancing and X Factor.
The bar is 4 locales comprising of 330 square metres inside with a further 128 square metres of cellar and huge gardens and sunny terrace area.
It comes complete with a large stage and stage lighting (impressive light show inc lasers) fully fitted DJ consul and dance floor.
Superb sound system (peavey speakers) 3 large cinema screens, expensive imported decor & seating, fully fitted kitchen, everything for a busy menu included.
This bar is of he highest standard and as everything included in the price must be viewed to appreciate the quality.
COMMENT: This is a top quality restaurant benefiting from a superb position. Turn key operation.

OPTION FOR FREEHOLD ALSO, IF LEASEHOLD TAKEN UP AND TENANTS DECIDE TO TAKE FREEHOLD WITHIN 1 YEAR THEN LEASEHOLD AMOUNT WILL BE REFUNDED.
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 Music Cabaret Bar and Restaurant, situated half way between 2 busy holiday destinations Calae Millor & Sa Coma on the east coast of Mallorca. It is an Irish/American themed bar. Licensed for live music (very rare in this area).

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