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SELECTION: For sale, South West, Paguera, Shop

Long-running retail business in Southwest Mallorca For Sale

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Sales Price:
Currency convertor € 250,000
Rental Price:
Currency convertor € 4,500
For Sale/For Rent
Business Type:
8 years negotiable
South West
Reference No.:
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Reference No.: b3985bs
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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

The shop has around 120m2 of inside space with a further 40m2 of terrace, all of which is selling ‘space’, apart from a small office and washroom, to the rear of the premises. Downstairs, there is a further 40m2 of storage space.
The shop is well laid out with shelving on all sides and a long counter and display cabinet running along the rear wall. There are display stands in the centre of the shop and on the terrace to entice the thousands of customers who pass every day.
The current owners open every day from 9.00 am to 10.00pm from the beginning of May to the end of October and from 9.00am to 8.00 pm every day except Sunday for the rest of the year, only closing for December and January for a well-earned rest. Whilst the shop sells a wide selection of leather goods, including luggage and accessories, a new owner can introduce new lines or even a new concept.
The clientele is mainly the international tourist trade and holiday home owners who come several times a year; however there is a loyal local and residential customer base also. COMMENT: This is a serious business which would suit the experience retailer who can move with the current trends and make the most of this excellent location.
Our multi-lingual staff would be delighted to discuss the proposition in more detail and guide you through every step of the buying process, free of charge to you as a potential purchaser.

Situated beside a large hotel on the main street through this popular and stylish resort, this business has been running for over 50 years and is now being offered for sale due to retirement.

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