Photo Gift Shop In Playa Del Inglés For Sale

Business description

FREEHOLD

Very well established photo, electrical and gift shop in a popular shopping centre in the centre of Playa del Inglés. The air conditioned shop includes all the fixtures and fittings, display cabinets, shelving etc and the owner is willing to pass on all his contacts and even give a days training to the new owner. The stock is also available for a reasonable price.

The customers are a mixture of tourists and residents built up over the last 23 years.
An excellent business opportunity

Size: 25m2 Terrace: 5m2 Community charge: 42 euros/month Terrace: 18 euros/month

April 2010 – The owner has agreed to allow any buyer the option of taking over the existing mortgage on the property which has 15 years left to run. This would mean the upfront cost of the property would be only 50,000€ (plus mortgage transfer costs, legal costs & taxes)

The shopping centre is currently being renovated - increasing the value of the property & making the centre more attractive for customers. This work has already been paid for.

Located in a prominent position, visible from the road, this makes an excellent investment as an ongoing business or as premises for a new business.

Property information

Real Estate:

Real Property Included

Location:

Ground floor of shopping centre (which is being renovated)

Business Operation

Reasons for selling:

Retirement

Trading hours:

To suit - currently 9am - 2pm & 5pm-8pm

Employees:

Run by owner

Years established:

28

Other information

Support & training:

Owner will pass on all contacts & explain how he has been running the business.

Financing available:

Buyer has the option to pay 50,000€ cash and take over existing mortgage. Details are available on request.