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SELECTION: For sale, Magaluf, Restaurant

Bar/Restaurant in great position For Sale in Magaluf Mallorca

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Sales Price:
Currency convertor € 54,000
Rental Price:
Currency convertor € 1,500
For Sale/For Rent
Business Type:
10 years negotiable
Reference No.:
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Reference No.: b4037bs
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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

This fantastic bar/restaurant has earned itself an excellent reputation over the years with an international mix of returning tourists, local residents and the huge ex-pat population. With its terrific sea views and proximity to numerous hotels and apartments, this business ticks all the boxes.
The front terrace of approximately 36m2 is open at the sides, has a sliding overhead canopy which offers some shelter from the hot summer sun and can seat around 12 customers. Inside, the main body of the restaurant is around 75m2 can seat a further 60 customers – the wrap round windows can be fully opened to allow maximum views over the beach and bay and the benefit of the sea breeze. The well-equipped bar area sits to the rear of the restaurant.
Downstairs to the first level, you will find male and female washrooms and further on down, the fully equipped kitchen of around 50m2 with the best view in the resort! There is a staff bathroom and two storerooms, along with access to car parking and where restaurant supplies can be delivered. For ease of service from the kitchen to the restaurant, a dumb waiter has been installed.
Traditionally, this bar/restaurant has opened every day of the week from 6.30pm to late (the licences allow the bar to remain open until 4am) from mid-April to the end of October, when the owners take a break over the winter to rest and turn their attentions to their other business pursuits. Apart from selling a varied drinks and snack menu at present, along with ice creams, it has also been used as a venue for wedding parties.  COMMENT: There are few restaurants so well positioned and we strongly recommend viewing, as this business will not be on the market for long!
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 a great opportunity to buy a popular business in an unparalleled location in this much loved resort.

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