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Santa Ponsa - Music Bar / Café Concierto
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Ref: Finder 2231
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Area: South West
Tenure: Leasehold
Term: 14 Yrs Renewable
Rent: € 1,265 per Month
(approx £ 869)
Price: € 99,000
(approx £ 68,016)
Other:
Busy location, well-known, freehold option, ready to take over
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Large, well known ‘Music Bar / Café Concierto / Family Pub’ on the main night time ‘strip’ to this popular resort. Just about completely renovated this past winter the bar is like ‘brand new’, open, stocked and ready to take over now, earning money from day one.
Daytime / night time terrace of 40m2 to the front seating 44 customers around new cane, wood & wrought iron effect furnishings. Also a pool table.
150m2 inside, officially seating 54 but capacity for many more including standing / dancing room (100/150 sounds about right!). All the ‘proper’ equipment & fittings here to comply with the strict Calvia noise controls – complete soundproofing, double doors and brand new air-conditioning x 2.
Satellite TV x 2, karaoke TV, big screen TV + a spare in the store, complete music system inc 2 x Yamaha 1200w CD decks & karaoke, light effects, pool table & gambling machine 50/50. 3 phase electric & handicapped facilities. Full bar equipment with chillers, etc.
Currently open 7 days a week from 8pm till 4am low season, 1pm till 4.30am high summer and Fri, Sat & Sundays during the winter. Running with a successful ‘Irish’ theme at the moment but could easily be changed if you wish.
FREEHOLD OPTION AVAILABLE AT 477,000€ (approx £333,900)
COMMENT:
The current owner took over the premises as a normal bar/café mid summer last year and has since invested serious money in converting to a live music bar. He has to return to the UK for personal reasons and so is reluctantly offering the business for sale just to get ‘money back’, not for a profit.
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