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Great Bar With Music Licence Torremolinos/Benalmadena For Sale

Montemar, Malaga, Spain
Freehold Price:
€260,000 Furniture / Fixtures included
Lease Asking Price:
€3,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

**** Business is also available to rent on a five year contract at 2200€ pm****
Located near a very large and popular hotel in Torremolinos, Costa del Sol makes this an exceptional freehold investment.  Licensed for music and in a fantastic condition, all you need to do is stock up and open.The main area is 100 m2 having recessed lighting and is decorated to a very good standard throughout.  The main area has good tiled flooring and various styles of seating to include bistro style chairs, high wick stools with high tables and chrome bar stools.The bar is of a very good size and is very decorative having a long serving area and is complete with a three drawer bottle fridge, glass washer, glass fronted fridges and stainless work top.There is as well  three beer taps,  ample shelving for bottles and glasses, dump fridges, and wash basin.The music bar has a up to date fuse board meeting all current EU Regulations and is in tip top condition.  It also has full disabled toilet facilities and is completely tiled from ceiling to floor making it very easy to keep clean.The main entrance has a double door entry system and the music bar is fully sound proofed.  There is also a dehumidifier fitted to take out moisture which is very well received especially during the summer months as the doors must be shut when there is music on.We have been advised that this premises has permissions to extend its use to having a kitchen which can easily be confirmed if a kitchen is required and enables you to expand upon the business allowing private parties etc.This Pub / Music Bar is very popular with locals, multi national residents and the ever increasing tourist sector.The terrace of this bar restaurant is 15 m2 and offers comfortable seating for around 20.In the price of the sale of this place includes another extra space that is right next to, and where you can make a home or what the new owner wants.There are 2 flat screen TVs, Pool table (on a shared profit basis) high bar stools, high tables and chairs, air conditioning unit.This is an absolute bargain for a freehold especially having a music license.  Whether you are looking for a business to run yourself or something to add to your portfolio receiving a monthly rent from a tenant, this is definitely worth looking at.  The owner has set this low price to make it attractive and gain a quick sale.
****the business is also available to rent on a five year contract at 2200€ per month****

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

5 year renewable contract

Leasehold Rent:

€2,200 per annum

Location:

Only licensed music bar in the area. Surrounded by hotels and apartments

Premises Details:

Single storey unit in prime location

Size in square feet:
1,200

Business Operation

Competition / Market:

No direct competition

Reasons for selling:

Owner is retiring after 30 fabulous years

Trading hours:

Licensed to trade from 07.00 - 03.00 weekdays and 04.00 weekends

Years established:
Has been trading as a music bar for over 30 years

Other Information

Support & training:

Full pre sales and after sales service that is second to none.

Furniture / Fixtures value:
€5,000 - included in the asking price
Inventory / Stock value:
€2,000
Leasehold asking price:
€3,000 - Furniture / Fixtures included

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