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SELECTION: For sale, North, Alcudia Town, Restaurant

Restaurant - Port de Alcudia

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Sales Price:
Currency convertor € 66,000
Rental Price:
Currency convertor € 2,400
Transaction:
For Sale/For Rent
Business Type:
Restaurant
Term:
5 / 10 years
Tenure:
Leasehold
Area:
North
Reference No.:
b3333
View:
NA
Location:
Alcudia Town
Front line:
NA
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Reference No.: b3333
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Property Description

This is a long established business, set up over 18 years ago and still going strong. A large opportunity not for the faint of heart - approx 200m2 in total majority upon the lovely sunny partially covered terrace. Covers laid up for 190 in tota!! (150 on the terrace).
Quality commercial furnishings, with bamboo effect chairs, matching tables and large sun shades.
The interior is traditionally decorated, with galley bar running one side of the unit, terracotta floors, rich shades of emulsion paints. Separate kitchen and WC´s and storage to the rear.
Well equipped bar, fully stocked, chillers, till etc..
Good sized Industrial kitchen with stainless steel fridge/freezer, pizza ovens, gas hobs and oven, extractor fan, and hood, etc.
Reported takings said to be 300,000€ annually from both a multinational tourist ands resident trade.
With a reasonable rent for a 200m2 business net profits should be at least 35%.

COMMENT:
This one we really like for location, equipment and longevity of business.. and we’re told the pizzas not bad either. Good value, recommended.
 

Port Alcudia is one of the largest family resorts on Mallorca, with a large sprawling area with major hotel complexes, stunning golden beaches, marina and near to the cultural town “Alcudia” within walking distance from the centre. This prime busy “café / bar – pizzeria” is positioned in the top area between the “mile” and the magic roundabout” which is to explain the main road of bustling bars and cafes connecting the hotel area to the beaches.

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