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SELECTION: For sale, Palma, Palma City, Restaurant

Very stylish Restaurant in city centre for sale in Mallorca

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Sales Price:
Currency convertor € 90,000
Rental Price:
Currency convertor € 1,000
For Sale/For Rent
Business Type:
6 years
Reference No.:
Palma City
Front line:
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Reference No.: b3962bs
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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

With over 196m2 of inside space, over three floors and a terrace of around 55m2 to the front of the business on a pedestrian main street, this is one of those rare things – a going concern that the new owner simply needs to turn the key and continue to trade.

It is hard to do justice to this restaurant with a brief description – you will find a very attractive bar to one side as you enter, along with some dining space.  This, in turn, leads down a few steps to the main dining area, beautifully decorated and furnished.  One of the best equipped kitchens is to the rear on this level, along with staff shower room and ample storage areas.  You then go up a set of stairs and emerge on the top level with another bar area, and chill out area and the nicest male and female washrooms we have seen in a long time!  This chill out area forms a minstrel gallery overlooking the front of the restaurant.
The current owner runs the business all year round, opening at midday every day except Monday.  From mid-October to the end of March, he closes around 4pm, re-opening at 7pm to midnight and the rest of the year, he opens every day from 12 noon to 12 midnight; however, any new owner can decide which days/hours they wish.
The clientele is made up of largely loyal wealthy residents and international ex-pats (French, Italian, German, English); however, in the summer season, this attracts the worldwide tourist trade.  COMMENT:  This is a serious business suitable for a couple experienced in the hospitality sector, who have the energy to build on the reputation already created here and we strongly advise viewing to allow full appreciation of this offering.
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.

What a wonderful opportunity to buy a very stylish and successful restaurant in the heart of the capital city! 

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