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Bar Restaurant With Redevelopment Potential In Fuengirola For Sale

Fuengirola, Malaga, Spain
Asking Price:
€1,500,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

*** Please note that the freehold owner of this fabulous investment opportunity is prepared to listen to serious offers circa the 1.5 million euros sales price. *** This rare prime located freehold investment opportunity is situated in the centre of the busiest trading areas in the holiday resort and coastal town of Fuengirola on the Costa del Sol. *** The freehold owner of this secure investment has been running a highly successful restaurant from the location for over 26 years and is now considering his future retirement. *** There are very few if any redevelopment sites available in such a central sought after location. *** For seriously interested clients the owner is prepared to meet and discuss in details the successful running of the restaurant and the project for those wishing to know more about the redevelopment of the venue. ***

Freehold bar restaurant with redevelopment potential for sale in Fuengirola, Malaga, Costa del Sol in Spain.

Without doubt this latest opportunity will suit any of our clients looking not just for a successfully run bar restaurant but also for a secure long term investment that will show excellent returns for many years to come and a steady growth in value year on year. This rare prime located freehold bar restaurant with redevelopment potential is situated in one of the busiest trading streets in the centre of the holiday resort and coastal town of Fuengirola on the Costa del Sol. The present owner of this freehold bar restaurant has been successfully running the business for over 26 years and is now planning his future retirement.

There are virtually no large freehold bar restaurants available in this highly sought after central trading location and most certainly not with the potential for redevelopment. The floor area of this central located freehold bar restaurant is 168 M2 in the main dining area with an the upper floor terrace area which is a further 168 m2, this valuable upper floor could easily be turned in to a cocktail lounge bar or sports bar totally separate from the restaurant.

The present owner of this highly successfully run bar restaurant has permission within the redevelopment of the premises to have either one commercial unit of 168 m2 or two commercial units of 80 m2, above the restaurant there is permission to build six two bedroom apartments, with such a sought after central trading location and being only 100 m2 from the seafront and beach this successfully run freehold bar restaurant the financial returns are secure for both long and short term investors.

The freehold owner is prepared to sit and discuss in more detail the plans for the restaurant and also give his valuable advice on the project which will include not just the possibilities but the financial long term benefits and returns. Please remember this is a successfully run bar restaurant with proven longevity where new owners could simply continue running the business in its present format with the secure knowledge of having a future expansion and redevelopment opportunity.

If interested in this highly successful freehold bar restaurant with the added premium redevelopment option please note that viewing is strictly by appointment only, please contact us to pre arrange a personal inspection and meeting with the owner.

*** Bar in the sun are one of the longest established business and commercial transfer agents on the Costa Del Sol, we speak the local language fluently and always negotiate directly the best price, terms and conditions for our clients interested in the purchase, lease or rental of any type of business, our pre and after sales service is the envy of our competitors, with three family members having served in the real estate industry for 30 years here on the costa del sol we offer over 90 years of combined experience working on your behalf. ***

*** Our company takes great pleasure in offering a friendly and open invitation to anyone interested in the purchase of any type of businesses along the costa del sol, why not take the time to enjoy a visit at our office showroom in central Fuengirola where on display you will find over 100 of the latest bargain businesses for sale, lease or rent in the most popular areas such as, Torremolinos, Benalmadena, Fuengirola, Mijas Costa, Marbella, Puerto Banus, if it’s on the coast you are searching we can help. ***

*** Alternatively clients can also browse through our portfolio of over 700 businesses that are currently available, *** Our Fuengirola office showroom is located at Calle Jacinto Benavente local 1, only a short one minute walk from the main Fuengirola bus station and a three minute walk from the train station. ***

*** We are available to discuss clients requirements or simply answer any questions that they may have about buying a business in Spain from 10am until 5pm Monday to Friday and from 10am until 1pm Saturdays, we are also available out of normal office hours for pre-arranged appointments, we look forward to your visit and meeting with you soon. ***

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Bar in the Sun will assist their clients to find suitable accommodation in the area and price budget they request.

Location:

This freehold bar restaurant is situated is only one minutes walk from the sea front and beach in the centre of the popular holiday resort and coastal town of Fuengirola.

Premises Details:

This long established freehold bar restaurant is fully furnished and equipped and will only require new owners personal touches and theme.

Size in square feet:
The interior of this freehold bar restaurant is approximately 170 m2 with an exterior terrace area of around 35 m2.

Business Operation

Competition / Market:

This fabulous freehold bar restaurant has varied competition due to its very busy location, the restaurant will offer its new owners lots of scope and potential to redevelop.

Reasons for selling:

The freehold owner of this famous bar restaurant has decided to retire after running the business for over 26 years.

Trading hours:

These premises have a bar restaurant License which permits trading from 7am until 2am, 19 hours per day if desired.

Employees:
This freehold bar restaurant is idealy suited to be owned and run by a family or working partnership with additional staff.
Years established:
These freehold premises have been trading as a bar restaurant for over 30 years, the business is presently open and trading but awaiting new owners.

Other Information

Support & training:

Bar in the Sun offer their clients an unrivalled pre-sales and after sales customer support service.

Contact Bar in the Sun

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