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Stunning Design Restaurant At The Golden Mile Marbella For Sale

Marbella, Malaga, Spain
Asking Price:
€275,000
Sales Revenue:
€275,000
Cash Flow:
€100K - €250K

This restaurant is located in a top area of Marbella, on the Golden Mile, just in front of the Marbella Club Hotel 5* between the Centre and Puerto Banus.
The ground floor consists of 233m2 with a front terrace, indoor salon, fully equipped bar, fully equipped kitchen, 10m2 storage room, fantastic spacious outdoor patio for 60 persons, 2 toilets, staff toilet.
The venue has a spectacular outdoor patio completely equipped: awning, heaters, fans, and makes it a perfect usable space all year round also for private celebrations.
The indoor space has a very big bar and a salon that can fit up to 30 people.
The front terrace has a view on the golden mile and can sit up to 12 people (20m2)
On the upper floor there is the option to rent an extra apartment that could be used as an office, storage etc. Also there is a private parking area for guests which, there contract can be taken over also.
Important to understand that this business opened his doors in the mids of 2019 then the covid limited the business activity, the mentioned turnover is based on the year 2021.

Property Information

Real Estate:

Lease

Lease Terms:

still 7 years to go

Leasehold Rent:

€49,200 per annum

Living Accommodation:

spacious 2 bed apartment is available above the restaurant can be used as office also as present owners do now. Rent € 1350,- p.m. utility separately

Location:

Marbella Golden Mile Prime area near 5 stars hotels Puente romano and Marbella club

Size in square feet:
225

Business Operation

Expansion Potential:

no

Competition / Market:

not much

Reasons for selling:

Owners have more businesses in Marbella of different brands, this will relocate to Dubai.

Trading hours:

0.900 23.00

Employees:
6
Years established:
2018

Other Information

Furniture / Fixtures value:
€250,000
Inventory / Stock value:
€50,000

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