Bar For Sale - Costa Blanca North

Ref.
SP2221L
Asking Price
225,000 EUR ( £186,986) *
Business Type
Bar
Region
Costa Blanca North
Build
0m2
Plot
0m2
Type of Purchase
Leasehold
Lease Term
5 Years
Monthly Rent
1,200 Euros
Interior Size
700m2
Interior Seating
250 Covers
Terrace Seating
100 Covers
Years Established
30 Years
Pool
Yes
* Prices in sterling may change according to exchange rates

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Asking Price, 225,000 Euros Leasehold

• Good Location On Urbanisation
• Very Large Property
• Good Pool Side Service
• Room Rentals Pays Monthly Lease
• Great all day Business
• Brand New Kitchen

Great multi-function Cafe/Bar, Restaurant situated in a very affluent town on the North Costa Blanca. The business has many different streams of income by hiring out the function room. Very popular venue with tourists and locals. This must be viewed!

This business is only limited by your imagination. The owners have built-up the business so the function rooms rentals cover the cost of the lease. So all food and drink sales are your profits. In the Winter for new year the owner put up a marquee to up his occupancy to over 400 for new year. His music nights regularly pull in over 100 clients. The toilets do need refurishing but are functional. June/July/August/September, pool side sales are very high. The business has been aimed at the family market and holds lots of birthdays etc and business from the school next door. The kitchen is new and could provide food for large functions.

The property has 700m2 in total, with a big new kitchen, big bar, function room for 100 people, stage, 2 large toilets. A large Bar/Restaurant for 250 people. Also large storage area. The function room caters for 100 people and has a stoarge area and fireplace. There are further stoarge rooms and a covered terrrace which can seat 100 covers. Also a communal pool. The current owners use marquees in the Winter.

The current owners trade from 10am until finish Monday to Sunday. The lease is renewable every 5 years at the rent of 1200 Euros per month.


Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.

RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.

Photos

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