Popular Freehold Bar Opposite Hotel For Sale

Business description

A wonderful opportunity to purchase the Freehold on this very popular bar of 90 sqm. It is located directly opposite one of the major Hotels in this busy resort, there are also 4 other Hotels and Apart hotels in the near vicinity.

This bar has been trading for many years now, thus ensuring great repeat custom both with holiday makers and Ex-Pats who live in the area.

The Beach is only 2 minutes walk away at the end of the street and therefore this bar gets a lot of its custom with people going to and coming from the Beach during the day. At night it’s the first stop for that evening drink and also because it shows the live sport and soaps tends to keep the customers all night.

There are tenants in at the moment with a short lease, they are happy to negotiate a new lease or move on if the purchasers wish to run the Bar themselves.

The terrace of 30 sqm has a tiled roof with solid wood beams underneath; this could be fully enclosed if required for the winter months. Although closed for the winter this year the previous owners opened all year round.
This area of Mallorca has a large Ex-Pat community, not only of British but many other Nationalities who all enjoyed the friendly atmosphere and events put on by this Bar.

To the front is ample parking and a broad pavement with plenty of room for advertising. An illuminated sign hung for an independent arm ensures everyone can see the location of the Bar.

Inside can be fully opened up by clear glass doors to provide plenty of ventilation during those hot summer days. The wood theme is continued inside, with beams above the Bar and panelling on the wall. The toilets are just off to the side of the Bar and are in excellent order.

If you are planning an investment opportunity then this is worth serious consideration, we strongly recommend a viewing to see just how fantastic the location and condition of this Bar is.

Property information

Real Estate:

Real Property Included