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SELECTION: For sale, Pollensa, Restaurant

For Sale Bar / Restaurant - Pollensa Town

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Sales Price:
Currency convertor € 120,000
Rental Price:
Currency convertor € 1,200
For Sale/For Rent
Business Type:
7 Years Renewable
Reference No.:
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Reference No.: b3218
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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

Homely interior with just about every inch of wall space adorned with old pictures, mirrors and knick knacks. Dark ceramic tiled flooring, large feature stone archways, huge terracotta wine storage, dark wood furnishings, pine doors. Small but well equipped bar area with a marble counter, 2 tills, coffee machine, bottle coolers, glass washer, sink, beer pump, etc. Good size kitchen with oven, microwave, freezers, fridges, large cook, fryers, etc. Rear patio area leading to separate client cloakrooms.   There is a terrace area directly on the street with a line of 8 tables seating up to 32 customers for which there is an annual rent of 1400€ payable to the local council.
Currently opening evenings only from 6.30pm with the owners declaring takings of 1,300€ / 1,500€ per night during the summer.
The living accommodation is accessed through the bar and upstairs there are two quite independent areas one with lounge, bathroom and two bedrooms, another lounge area, office area, bathroom and bedroom. On this floor is a large room for storage.  Note the incredibly low rent - this is an absolute bargain given the apartment included!
COMMENT: After working the business for 9 years the owners would like to retire or find something easier to do.

Classic Mallorcan style 'Bar & Restaurant' with possible accommodation included set in a beautiful old town location just off the church square in a pedestrian street surrounded by shops and cafes. Both tourist and local resident trade given this area a nice long season with some businesses trading year round.

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