Bar Cafe In Alcudia For Sale

Business description

Comments:
Excellent first time purchase opportunity for either a couple or a small family with or without experience. The business has the potential to expand trade and therefore income and should be top of your viewing list.

Current Operation:
This recently refurbished and redecorated business trades for eight months of the year serving drinks and a varied hot and cold snack and main meal menu, to mainly British tourists that visit this popular resort each year. The business has a sizable sunny front terrace, part of which has a fixed roof and retractable awnings at the side and front, which enables it to be used in all weathers, capable of seating between 60 and 80 people. Inside the refurbished bar area is fully air conditioned with further seating for another 30 people. To the rear of the bar are two fully tiled, clean public washrooms. The bar itself has a new marble top and stone facia and comes fully equipped and ready to run, as does the well planned kitchen alongside. Off of the kitchen are a storage area and a staff toilet and shower facility.

Notes:
A very good walk in and start trading opportunity at an affordable price which would suit a couple or a small family with or without experience. The average outgoings and the potential to increase trade, means that the profitability of the business is an excellent one.

Premises Dimensions:
Inside: 85 Sq. metres
Outside: 45 Sq. metres

Finance:
A sizable amount of money and time have been spent on the business to bring it up to its current standard, which makes the asking price a very attractive one indeed. The rental charge and daily running costs are average for the size and quality of the business and if run correctly should not prove to be problematic for new owners.

Rent:
£1150 per month

Asking Price:
€33750

Property information

Real Estate:

Lease

Location:

The business is located in a busy area in what is the largest resort on the north coast of the island, particularly popular with British tourists. The premises are surrounded by hotels and apartment blocks but many of these close in the winter months, so the business should be considered seasonal. The resort centre and wide sandy beach are easily reached from the business in a few minutes.