Sea Front Majorca Bar Business For Sale

Business description

An extremely well situated sea front bar in a prominent position, on a busy main promenade with magnificent views over the beach and bay and only 50 metres away from the beautiful marina. This is one of the best positions within Can Pastilla and a viewing is strongly recommended. Benefitting from a closed in and covered terrace area connecting to the open bar, total space of approximately 40metre square. Attractive frontage and sun blinds create a nice open space inviting to the passersby. This is the only bar in this strip and has a popular bike rental business next door and a souvenir shop on the other side, attracting plenty of custom during the summer months. There is also the benefit of 8 neighboring hotels in the bay.
The current owner works the bar on his own so doesn´t promote the food side, but this is certainly an opportunity for expansion. Opening all year round 10am until late 365 days of the year, this bar has a loyal following of holiday makers, and locals. The owner has been successful at running the bar single handed but this popular bar has the scope to be a full restaurant and support 3 members of staff.
Equipment includes music system, fans, till, TVs, and the kitchen area is equipped and suitably set up.
Client base of all nationalities, extremely popular with the people in Palma as well as passing tourists.
COMMENT:
Ideal front line opportunity with a super rent! Considering its size, quality etc..

Property information

Real Estate:

Lease

Lease terms:

10 years renewable