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SELECTION: For sale, Magaluf, Bar/Cafe

Great pool bar/cafe in centre of popular resort

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Sales Price:
Currency convertor € 16,000
Rental Price:
Currency convertor € 1,200
Transaction:
For Sale/For Rent
Business Type:
Bar/Cafe
Term:
2 years negotiable
Tenure:
Leasehold
Area:
Reference No.:
b3735
View:
NA
Location:
Magaluf
Front line:
NA
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Reference No.: b3735
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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.

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Property Description

Run by the same owners for over 15 years, this pool bar has enjoyed a loyal and returning international clientele.  With over 90m2 inside, and a wrap round terrace of a similar size, it has a traditional wooden bar in the centre of the premises.  There is a kitchen area to the rear, where breakfasts for the party-goers as well as lunchtime snacks for the sunbathers were prepared.  Male and female washrooms are discreetly located to one end of the bar.
There is newly upholstered bench seating around the bar area and wiring for airconditioning and satellite television, so the sports lovers don't miss their preferred viewing.
The bar/cafe traditionally opened from around 9.00am through to 6.00pm; however, the new owner could pick and choose whatever opening hours they wished, perhaps offering a Happy Hour or evening snacks before the party goers hit the clubs!
COMMENT:  This is ideally suited to a small family or couple who have experience in the hospitality industry and could breathe new life into this business.  Priced realistically to allow for a new owner to put their own stamp on it, this opportunity should be viewed immediately to avoid disappointment.

Our multi-lingual staff would be delighted to show you the premises and guide you through the buying process, free of charge to you as a potential buyer.

Opportunities like this do not come along every day - this pool bar/cafe has a captive market, being located below a well known aparthotel in the centre of this ever popular resort!

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