Fantastic Low Cost Restaurant In PDC For Sale

Business description

This excellent low cost Restaurant Bar for a very quick sale in Puerto Del Carmen.The bar has been trading as both a cafe bar and restaurant with the bar being used by both local trade and also holidaymakers.The bar is good sized and has the opportunity to have one side of the bar simply as a bar and the other side to specialise in just food.With its own commercial kitchen it can be turned into various ventures and with a groundfloor location in the old town this is a very rare opportunity.The bar comes complete with all paperwork and licences to trade and the first to see will buy at this amazing low cost price!With the new electrics alone costing over 9,000 euros this has to be one of the opportunities for a bar of this quality and size which includes all tables,chairs and a satelite system with 3 meter dish!

Rent is 1,500 , deposit is 2 months and the lease is for 5 years.

Property information

Real Estate:

Lease

Lease terms:

5 year lease

The rent is negotiable

Leasehold rent:

€1500 per month per annum

Location:

Located near to the harbour in the old town area of Puerto Del Carmen

Premises details:

Large bar area for playing bar games,pool and also a seperate dining area and kitchen

Business Operation

Expansion potential:

Can extend the opening hours

Competition / Market:

Other bars are in the area as its a tourist location

Trading hours:

5pm untill midnight

Employees:

Ran by a couple

Years established:

under one year

Other information

Support & training:

Full handover will be given

Furniture / Fixtures value:

€30,000 (included in the asking price)