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SELECTION: For sale, Magaluf, Bar/Cafe

Bar - Restaurant - Magaluf

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Sales Price:
Currency convertor € 14,000
Rental Price:
Currency convertor € 1,500
For Sale/For Rent
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Annual / Seasonal options
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Reference No.: b3237
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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

Elevated, 1st level situation just off the main street with a large aparthotel building directly above (the bar is part of the main reception) and thousands upon thousands of other holiday beds surrounding. The business is semi divided into 3 main customer areas comprising a Bar / Café / Terrace with modern quality table & chair seating approx 30 people, a Games area with 3 pool tables, ideal to add a darts board and several other games areas, and a Restaurant to the rear seating space for up to 75 people. The rent includes good inventory of equipment & furnishings - too much to list here. Recently refitted including new wiring, floors, plastering, decorations bar etc..etc.. this was always a busy business in high season, possibility to once again attract tour operators to hold their 'welcome' meetings in the bar due to it's size.
Large well equipped commercial kitchen leading to 2 adjoining rooms which can be discretely used as basic living accommodation. Perhaps an ideal business for a family (or partnership) due to the size or keep it simple and limit the number of tables and chair setting to control as a couple and someone else to help out. The business has seen its refit by the owners of the building and indeed the block including the hotel, so now available as a rental, please note price includes refundable security deposit of 10,000 euros and a non refundable contract fee.

Extra large, high earnings potential 'Bar / Café / Restaurant' to the centre of Magalluf in the same family ownership for the past 15 years, benefiting from a year round tourist and local resident trade. Popular with the 18 - 30's crowd.

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