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SELECTION: For sale, Palmanova, Bar/Cafe

Apartment & Attractive Bar/cafe in Lovely Location

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Sales Price:
Currency convertor € 295,000
Rental Price:
Currency convertor € 0
Transaction:
For Sale/For Rent
Business Type:
Bar/Cafe
Term:
0
Tenure:
Freehold
Area:
Reference No.:
b3052a
View:
NA
Location:
Palmanova
Front line:
NA
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Reference No.: b3052a
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Property Description

Good size, sunny terrace to the front, just a few steps up from street level, it comes furnished with bamboo style seats and tables, roll out awnings and blinds and a rustic wooden terrace floor. Covers for up to 30.
Interior area set out with an L shaped bar to the one side, various seating with sofas and 3 tables to seat 9 plus bar stools.
Furnishings and equipment to include: air-conditioning, various flat screen tvs, fans, coffee machine and much more..
They serve drinks and snacks from 11am till late, operating very well with regular clients all year round, topped up with tourists from the neighbouring hotels and apartments in the season.
Takings indicated by previous tenants at 100,000€ per year, profits expected in the region of 40%. The business now in landlord possession – still operating with a steady trade building daily.
The added bonus is a basic independent 3 bed apartment located directly over the bar. Can be ideal for owners as currently used or sub-let out in the season for about 600 / 1,000€ a month.
COMMENT:

This all year business is easily run by one or two people making it an ideal starter bar opportunity. Overheads are minimal and include private and business expenses!
 
 

An all year round British run ‘Bar + Accomodation’, situated between Palmanova with its golden sandy beach and the residential zone of Son Caliu with it’s very own small cove, both being just a few minutes walk away. Needless to say this well known touristy area has a multitude of hotels, apartments and residential homes. Clientele predominantly British with most being workers from the resorts and nearby areas.

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