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SELECTION: For sale, Palma, Cala Mayor, Bar/Cafe

Quirky and Well-Known Bar For Sale in Mallorca

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Sales Price:
Currency convertor € 29,000
Rental Price:
Currency convertor € 870
Transaction:
For Sale/For Rent
Business Type:
Bar/Cafe
Term:
10 years negotiable
Tenure:
Leasehold
Area:
Palma
Reference No.:
b3978bs
View:
NA
Location:
Cala Mayor
Front line:
NA
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Reference No.: b3978bs
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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

With an interior space of around 80m2 and a terrace of a further 35m2 (approximately), this business is capable of seating at least 60 people with standing space for many more. Traditional in style, the current owners have welcomed their customers for 30 years and have now decided it’s time to retire.

You approach the premises via the terrace and walk into an air-conditioned, but cosy space with the well-equipped bar running down one side.  You will find the compact, but also well-equipped kitchen to the rear, as well as storage areas and male and female washrooms.  There are Sky tv and music systems, with an impressive range of cd’s.
The business runs all year round, serving drinks and snacks to an international mix of ex-pats, residents and tourists, who return to just sit and read through the enormous collection of naval memorabilia adorning the interior.  The owners host a 4th July party each year, which is always well supported.
COMMENT: This is an ideal business for a couple with some part-time help who have the energy and desire to expand on the already successful formula and we strongly 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.
 

History oozes from every corner of this well-known and long-standing bar/restaurant located on the outskirts of the capital city.

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