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SELECTION: For sale, South West, Portals Nous, Restaurant

Very successful and well-known Restaurant in Portals Nous Mallorca For Sale

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Sales Price:
Currency convertor € 135,000
Rental Price:
Currency convertor € 1,750
Transaction:
For Sale/For Rent
Business Type:
Restaurant
Term:
10 years negotiable
Tenure:
Leasehold
Area:
South West
Reference No.:
b3953bs
View:
NA
Location:
Portals Nous
Front line:
NA
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Reference No.: b3953bs
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Property Description

This well-known bar/restaurant is well situated on the main road through this lovely town and opposite a large and well-supported 4-star hotel.  It has been open since 1977 and is popular with an international set of resident ex-pats, yachties and tourists alike, being close to the port as well as holiday and residential accommodation.

You approach the business via the ample terrace (around 40m2), which easily accommodates 28/30 customers.  Inside is around 100m2 of air-conditioned space, traditionally decorated, which can comfortably seat a further 35 customers.  The L-shaped bar is to one side of the premises, with the well-equipped kitchen to the rear.  The male and female washrooms and a storage area are to the rear on the other side of the premises.
The current owners open the business from 13.00 to 15.00 and from 17.00 to 12 midnight; however, the licence allows for opening from early morning to 4.00am and, most importantly, it allows for live music to be played – this in itself is a rare opportunity for a new owner.  Traditionally, the restaurant is famous for its excellent meat and European fare; however there is plenty of scope to re-work the menu and even introduce breakfasts, as it would lend itself perfectly to any type of international cuisine.
COMMENT:  It is very rare to find businesses in this area and even rarer to find one of such quality and we strongly recommend viewing, as this goldmine will not be long on the market!
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 is one serious business – extremely well-known, very successful and located in a prestigious area and we are delighted to have it on our books for sale!

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