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Restaurant Premium Location Unique Design Kitchen For Sale

Mijas Costa, Malaga, Spain
Asking Price:
€34,950 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
Available on request

Direct from the owner,refurbished and ready to reopen tomorrow with whatever type of restaurant the new owner wishes. The kitchen is fully equiped to produce any type of menu from Fine Dinning through to Fast food and everything in between with currently 50 covers that could be increased.
Year round clientele mainly residential in highly populated area that also includes some tourist trade.

Replies to this listing will go directly to the Freehold owner who will reply to all enquires personaly or he may be contacted by wasap on +34 607 540 815.

Fantastic location in Mijas Costa ,bordering Marbella . Lifetime Lease offered direct from the freehold owner. Chef designed fully fitted and open planed kitchen,main dinning area,bar dinning area and summer/winter terrace with glass sliding frontage. All dinning areas are within 10 meters of the kitchen making serving both efficient and a pleasure.
10 meter of glass frontage on the main boulevard of the large urbanisation Sitio de Calahonda only 650 mtrs. to the beach and enjoying both vehicle and pedestrian traffic passed the restaurant frontage.Walk past traffiic is residencial,second home owners and tourists with one of the large holiday complexes only 150 meters away.
Up to date transferable licence.

The Lease can be purchased for 34,950 € .

The only additional payment to the lease is a refundable guarantee of 5.959 € .The rent is 1.950 € pm. However to assist the new owners to launch their own theme restaurant the rent until the 1/7/2022 is only 1,495 € pm.
The business is ready for next day opening and the Licence is up to date and can be transfered immediatly.

The English freehold owner has over 40 years of successful business experience on the Costa del Sol , owning these freehold premises since 1986 and will advice on all aspects of running this business should the new owners require it
.
The restaurant was totally refurbished and reopened in April 2014 under the business management of the freehold owner. The restaurant, busy every night of the week, with the clientele being residents, second home owners and tourists. All nationalities are clients of the restaurant, the highest number being those from Northern Europe ( including the UK ) .
The restaurant opened six evenings a week and Sunday Lunch during the winter months. However the opening licence is for seven days of the week from 8 am.until 2 am.and both a lunch and brunch clientele could be built up over a matter of a few months if the new owner wanted to increase the turnover.
The restaurant has a floor area of 145 m2 ,3 phase electric and air conditioning ,is ready to reopen, it only requires the new owners personal touches and their restaurant theme.

Very special and cost effective leases. :-Lifetime transferable leases.The lifetime lease, a type of lease rarely given today, as it does not involve additional lease payments and can be sold on,by the leaseholder, to any third party.Leases that are not lifetime but have a limited number of years, means that each year you build a business the value of the lease reduces for you, but increases for the landlord. Life time leases are worth far more than leases with limited duration and high renewal premiums.

Property Information

Real Estate:

Lease

Lease Terms:

A very special and cost effective lease. :-Lifetime transferable lease.The lifetime lease, a type of lease rarely given today, as it does not involve additional lease payments and can be sold on,by you, to any third party.Leases with limited number of years means that each year you build a business the value of the lease reduces for you but increases for the landlord.Life time leases are worth far more than leases with a limited life time, which may say renewable, but always at a cost.

Location:

The business is double fronted and lead directly onto the Main boulevard, Urbanisation Sitio de Calahonda. With sliding glass frontage that when open in the warmer weather creates a terrace to the Restaurant .This urbanisation is one of the largest on the Coast and is heavily populated the year round it borders Marbella but is midway between the town centres of Fuengirola and Marbella and is only 5 miniuts away from the beachside village of La Cala de Mijas.. The residencial population is mainly Spanish, British and Scandinavian whilst the tourists are mainly from Europe, Scandanavia and the British Isles.
The restaurant is double fronted on the main walkway down to the beach which is approximately 650 metres away.

Premises Details:

Fully licensed in accordance with all 2021 rules and regulations. The Restaurant has 145 square meters all at ground level. It consists of storage room, toilets (including disabled), fully fitted commercial kitchen, 3 dining areas and a bar. Its double frontage has sliding glass doors giving the restaurant terrace and interior dinning. It has 3 phase electricity and is air conditioned.

Planning Consent:

Opening Licence that cover all up to date legislation.

Business Operation

Expansion Potential:

The restaurant has enjoyed sufficient income in only opening 6 evenings a week year round and Sunday Lunch in the months December to May.
However a lunch time clientele could be built up with little additional staff and even a brunch trade as only 1 other food outlet in the area is open before midday.

Competition / Market:

A small number of varied restaurants and bars that only compliment each other.

Reasons for selling:

The purchase of the lease is direct from the freehold owner who is now retired and will give full backup to the new lease holder,he does not want any day to day commitment.

Trading hours:

The Restaurant license allows opening from 8am till 2 am.
Past trading has only been 6:00 pm till 1:00 am Tuesday to Sunday with a 1:30pm to 4:30pm service on Sundays from December to May.

Employees:
0
Years established:
6

Other Information

Support & training:

The freehold owner is looking for a new tenant/ tenants who would create the same level of success previously experienced and to this end would offer all the help, advice and assistance necessary.

Related Documents:

Contact Tudor Developments S.A.

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