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SELECTION: For sale, Palma, Palma City, Restaurant

Stunning Bar/Restaurant in heart of Palma Mallorca For Sale

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Sales Price:
Currency convertor € 130,000
Rental Price:
Currency convertor € 1,000
For Sale/For Rent
Business Type:
10 years negotiable
Reference No.:
Palma City
Front line:
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Reference No.: b3937bs
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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

Beautifully presented, this bar/café, with the ability to offer a full range of food, is in the affluent heart of the city, surrounded by hotels and residential apartments and close to places of interest to the many international visitors. With a terrace of around 35m2 to the front and 90/100m2 of inside space, this business can host around 46 customers in total. 
The décor could be described as traditional with a modern twist, with the reception desk/bar on one side of the premises with the kitchen behind this. Of particular note are the wonderfully restored Templar arches giving an impression of light and space.
The business currently opens all year every day except Sundays from 12.30 to 15.00 and from 17.00 to 23.00 during the winter months. In the hot summer season, it opens from 17.00 to 23.00, also every day except Sundays. The clientele is mainly local British, German and Swedish residents, with a steady flow of international tourists, who come to enjoy the Mediterranean fine dining experience on offer.
COMMENT:  Whilst the present concept has made this business very successful, it could equally lend itself to any manner of cuisine and it is ideal for a couple experienced in the hospitality business that have the energy and vision to continue to build on the current success.  It goes without saying that all licences and permits are totally in order.

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.

This particularly tasty offering is located in one of the most up-and-coming areas of this historic and magical capital city.

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