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SELECTION: For sale, Palma Seafront, Bar/Cafe

Well-positioned Bar/Cafe in Palma Mallorca For Sale

Currency Converter
Sales Price:
Currency convertor € 165,000
Rental Price:
Currency convertor € 1,616
For Sale/For Rent
Business Type:
5 years negotiable
Reference No.:
Palma Seafront
Front line:
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Reference No.: b3913bs
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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

This bar/café/creperie is ideally located on the seafront opposite one of the numerous marinas and between various large hotels. It offers around 50m2 of interior space with a further 20m2 (approximately) of terrace.
You will find the well-equipped bar running full length down one side, with a suitably sized kitchen area to the rear, also equipped with all necessary appliances. There are also male and female washrooms to the rear of the premises.
The current owners have successfully run the business for the last nine years, offering a range of crepes, snacks, sandwiches to an international mix of both new and returning tourists and local residents. They operate all year round, every day of the week, from 7.00 in the morning onwards and have been known to stay open 24 hours a day; however, this is very much their own choice and a new owner can decide which hours suit them best.
COMMENT: This is an ideal business for a couple with experience in the hospitality industry to either continue with what has proven to be a successful formula or to inject their own concept in a fantastic area and we recommend viewing.
Our multi-lingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge to you as a potential buyer.

Rarely do businesses in this area come on the market, so this is an excellent opportunity to purchase a successful enterprise which can be operated all year round and pretty much all day long.

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