Fantastic Cafe Bar Overlooking The Beach In Lanzarote For Sale

Business description

This bar for sale in the lovely area of Los Pocillos in Puerto Del Carmen.The bar has been very well established and benefits greatly from its position overlooking the beach with its high footfall number all day every day.The area of Los Pocillos is very popular with all nationalities and benefits all year year from tourist trade and also local trade.The are has a high amount of Scandanavian visitors through the winter months which adds to Uk tourists who enjoy Lanzarote as an all year round destination because of its all year round temperatures and cheap flights from all over europe.The bar has a good sized terrace area that overlooks the beach and attracts people to relax with a drink and something to eat whilst people watching.Inside the bar has a well designed kitchen that can be easily worked to produce breakfasts,snacks and also main meals.The business could be changed into a small restaurant,Pizzeria or coffee shop if required and with low monthly overheads this bar has to be seen to be fully appreciated.The monthly rent is 1,400 which is fantastic for ther prime location and a new five year lease will be given.The bar comes complete with everything included in the sale price including all paperwork/licences to trade.There is a genuine reason for sale and this would ideally suit a family looking for that dream business in the sun!

Property information

Real Estate:

Lease

Lease terms:

5 year lease

Leasehold rent:

€1400 per month per annum

Location:

Fantastic location opposite the beach in Los Pocillos,Puerto del Carmen.

Premises details:

The premises has a cafe bar area to the back of the premisses and a large front terrace area to the front for clients to eat,drink and relax.

Business Operation

Expansion potential:

The business lends itself to cafe bar,coffee shop,ice cream parlour and more!

Competition / Market:

There is other cafe bars,shops in the area and this helps to attract many locals and holidaymakers all year long.

Reasons for selling:

Genuine health reasons

Trading hours:

From 9am untill late

Employees:

Ran simply by the family

Years established:

10 years

Other information

Support & training:

Full handover will be given

Furniture / Fixtures value:

€50,000 (included in the asking price)