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Palma City - Music / Cocktail Bar.
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Ref: Finder 2521
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Area: Palma
Tenure: Leasehold
Term: 10 Yrs Renewable
Rent: € 1,000 per Month
(approx £ 687)
Price: € 231,000
(approx £ 158,703)
Other:
Open every night, all year through from 9pm till 4am with all licence requirements up to date and correct.
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One of the best known ‘Music / Cocktail’ bars on Palma’s famous ‘Paseo Maritimo’, overlooking the sea with an American - English theme and a strong following from a multi-national clientele. This is a ‘one-off’ opportunity to join the jet-set for such a reasonable ingoing and incredibly low rent.
The bar will accommodate up to 80 customers inside (30 seated), and 40 around table & stool furnishings to the outside pavement terrace facing on to the Paseo and overlooking the yacht marinas.
Authentic, cosy décor inside with an extensive usage of mahogany and pine - nice stools, long wooden bar, good lighting, interesting walls; dark green and white with hand written graffiti and ‘comment’ all over.
Professionally equipped with music systems, computer, sound limiter, fridges, bottle coolers, dishwasher, storage, specialist ice crusher (cost 600€), blender, etc.
Open every night, all year through from 9pm till 4am with all licence requirements up to date and correct, real important in this area as the licence can be worth as much as the bar (not that you can ‘buy’ one, it belongs to the bar, not the person).
COMMENT:
Although busy, the bar can be run by just one / two people as everything is kept real simple.
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