Fish And Chip Cafe Takeaway Plus Apartment In Torremolinos For Sale

Business description

This is a newly furbished fish and chip takeaway and cafe in the cental area of Torremolinos.
The owner is a property developer from the UK who has converted this unit in to a fish and chip shop, and is now ready to begin a new project.
Above the shop is a 1 bedroom appartment which could be included at a total price of 289.000 euros.
For the freeholder there are several income streams available here, there is the rental on the appartment, the rental on the shop, the 20% turnover on any lease on the shop plus the whole initial lease value. In addition to these income streams, is the potential capital growth on the property.
The whole place has been constructed in accordance with current laws, rules and regulations, so there should be no new costs to any new buyer.
Torremolinos is on the Costa del Sol in southern Spain, only 5km from Malaga airport. Originally, Torremolinos was a fishing village, but has been rapidly overtaken by tourism. Calle San Miguel, which is lined with shops, runs from the centre of town down to the fabulous beaches. There is a regular train service connecting Torremolinos to Malaga and Malaga Airport to the north of it and south to Fuengirola. La Carihuela, the fisherman’s quarter has many quality bars and restaurants, behind which is the ever popular area of Montemar. There is a water park, a crocodile park, an auditorium and botanical gardens, as well as the famous market. There is a huge range of restaurants, bars and nightclubs in Torremolinos.

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