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Paguera - Rustic Style Bar / Restaurant
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Ref: Finder 2598
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Area: South West
Tenure: Leasehold
Term: 16+ Yrs Renewable
Rent: € 520 per Month
(approx £ 357)
Price: € 75,000
(approx £ 51,527)
Other:
Note the length of the lease and the incredibly low rent, taking all the pressure off from having to achieve a high turnover to pay the bills. View slideshow for extra photos.
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British owned rustic style ‘Bar / Restaurant’ for resale as the new owners from last year now realize they should have taken a smaller, more manageable business. Note the previous owners had it for 22 years (and needless to say ran it very successfully).
Elevated location a few minutes walk from the beach with easy parking opposite for the local residents and visitors (an enormous benefit to the bar as parking in Paguera is difficult). Apartments and hotels surround.
Outside terracing of 90m2 surrounded by mature plants including a magnificent Bougainvillea. 30,000 liters water cistern below, and in the corner a feature fountain. Seating for 60 clients possible.
80m2 to the inside, mostly decorated in wood and natural stone. Polished crazy paving to the floors, stone facings to the bar and walls. Working fireplace, timber bar counter, shelving and storage, wooden furnishings seating 40 around table and chair arrangements with tapestry covers, plus bar stools.
Large fully equipped bar: shelves, beer draughts and coffee machine.
Complete industrial quality kitchen with stainless steel appliances, work surfaces, sinks and shelves. Ladies and gents toilets and a separate cloakroom with a shower for the staff. This is situated in a separate small house that also has a washing machine.
At the moment opening hours are from 12am till late.
COMMENT:
Note the length of the lease and the incredibly low rent, taking all the pressure off from having to achieve a high turnover to pay the bills.
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For general images of Mallorca scenery, villages, mountains, coastlines and beaches you may like to browse through our photo galleries
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