Bar For Sale - Mallorca
Ref.
SP5613L
Asking Price
395,000 EUR
( £326,191) *
Business Type
Bar
Region
Mallorca
Build
225m2
Plot
400m2
Type of Purchase
Leasehold
Lease Term
9 Years
Monthly Rent
2100€
Interior Size
209
Terrace Size
180
Interior Seating
50+
Terrace Seating
60+
Years Established
4
Entertainment System
Full DJ setup + Stage for Live Acts + Satellite TV
Plot Size
400
Air Conditioning
Yes - Hot and Cold
* Prices in sterling may change according to exchange rates
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Price on Application - Leasehold Property
o Bar, Restaurant and Large Garden Terrace
o Immaculately presented
o Open all year round
o Multiple Revenue Streams
o Well known Events and Party venue
Currently this amazing business only opens 5 days a week as the owners like to enjoy the good lifestyle that the business allows them to have, yet with full Cafe Concierto and Restaurant licenses in place there is no end to the potential of this amazing property.
On entering this fabulous Lounge Bar you are immediately enveloped into a soothing world of relaxation.
Although set in Portals village once you step through the doors you are transported to a chic and chilled-out environment decorated in muted terracotta’s and beige that is both beautiful and inviting. The inside has a welcoming atmosphere that invites you to relax with cushions and soft seating everywhere and a large circular bar that takes pride of place in the centre of the room. Off the main room are secluded VIP areas where you can relax in privacy and comfort.
The venue is large and open plan, though it contains little hideaway zones for people that want to access Wi-Fi, smoke a shisha pipe or just want to sit amongst their friends in a more exclusive ambience. The bar is right in the middle of the room and the centre of the social whirlpool. The floors are made of dark wood and the sofas are mixtures of blacks, browns and creams, with masses of cushions that convey lavish amounts of luxury. The VIP areas have tented ceilings to give an impact of pampering comfort.
The various seating areas and arrangements encourage a good mix of clientele meaning that on any given night the bar can always guarantee a high turnover.
The outside is the real oasis with a huge and enticing terrace; the gardens were designed by landscape genius Guillermo Sarnovich from Garden Studio, taking his inspiration from the tropical gardens of Costa Rica he has succeeded in combining the best of Mediterranean nature with a tropical twist. He has designed the area to be a micro climate, so that it is protected from the wind and has used products that work in natural harmony with each other. With wood and stone elements along with the soothing sounds of water features in different corners of the terrace it is truly a place where you can kick back and forget your troubles.
The terrace and gardens benefit from a dedicated outside bar allowing separate events or vibes to be created inside and out, effectively giving two venues to maximise income.
The current owners organize live music at the weekend; bringing DJ’s to the bar on Friday nights and live bands on Saturday nights. The general music is an absorbing eclectic mix of Funky House, Lounge, Soul, Funk and Motown.
The clientele tend to be a mature 25+ crowd and a mix of local and international residents, yacht owners and crew supplemented by tourists from the nearby hotels. The venue is also well known for Saturday/Sunday afternoon Rugby Internationals which creates a valuable extra income without impacting on the busy night-time trade.
If all this wasn't enough the property is a popular and well known location for events of all sorts with the current owners experienced in organising Wedding’s, Lunches, Birthday Parties or “Any-excuse-for-a-party” Parties. With over 10 years experience in the industry and a great knowledge of the Island ways and Fiesta regime the owners are happy to pass on all of their knowledge to the new incumbents in an agreed handover period.
o Bar, Restaurant and Large Garden Terrace
o Immaculately presented
o Open all year round
o Multiple Revenue Streams
o Well known Events and Party venue
Currently this amazing business only opens 5 days a week as the owners like to enjoy the good lifestyle that the business allows them to have, yet with full Cafe Concierto and Restaurant licenses in place there is no end to the potential of this amazing property.
On entering this fabulous Lounge Bar you are immediately enveloped into a soothing world of relaxation.
Although set in Portals village once you step through the doors you are transported to a chic and chilled-out environment decorated in muted terracotta’s and beige that is both beautiful and inviting. The inside has a welcoming atmosphere that invites you to relax with cushions and soft seating everywhere and a large circular bar that takes pride of place in the centre of the room. Off the main room are secluded VIP areas where you can relax in privacy and comfort.
The venue is large and open plan, though it contains little hideaway zones for people that want to access Wi-Fi, smoke a shisha pipe or just want to sit amongst their friends in a more exclusive ambience. The bar is right in the middle of the room and the centre of the social whirlpool. The floors are made of dark wood and the sofas are mixtures of blacks, browns and creams, with masses of cushions that convey lavish amounts of luxury. The VIP areas have tented ceilings to give an impact of pampering comfort.
The various seating areas and arrangements encourage a good mix of clientele meaning that on any given night the bar can always guarantee a high turnover.
The outside is the real oasis with a huge and enticing terrace; the gardens were designed by landscape genius Guillermo Sarnovich from Garden Studio, taking his inspiration from the tropical gardens of Costa Rica he has succeeded in combining the best of Mediterranean nature with a tropical twist. He has designed the area to be a micro climate, so that it is protected from the wind and has used products that work in natural harmony with each other. With wood and stone elements along with the soothing sounds of water features in different corners of the terrace it is truly a place where you can kick back and forget your troubles.
The terrace and gardens benefit from a dedicated outside bar allowing separate events or vibes to be created inside and out, effectively giving two venues to maximise income.
The current owners organize live music at the weekend; bringing DJ’s to the bar on Friday nights and live bands on Saturday nights. The general music is an absorbing eclectic mix of Funky House, Lounge, Soul, Funk and Motown.
The clientele tend to be a mature 25+ crowd and a mix of local and international residents, yacht owners and crew supplemented by tourists from the nearby hotels. The venue is also well known for Saturday/Sunday afternoon Rugby Internationals which creates a valuable extra income without impacting on the busy night-time trade.
If all this wasn't enough the property is a popular and well known location for events of all sorts with the current owners experienced in organising Wedding’s, Lunches, Birthday Parties or “Any-excuse-for-a-party” Parties. With over 10 years experience in the industry and a great knowledge of the Island ways and Fiesta regime the owners are happy to pass on all of their knowledge to the new incumbents in an agreed handover period.
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
