Price Reduced
Listed by:
This quite unique opportunity represents an outstanding investment for those with the enthusiasm and some imagination. This antique Restaurant Bar could be developed into one of the old town Marbella’s foremost tourist attractions and international eateries, the possibilities with this fine old building are endless and which in the right hands could be a dream in the making with huge capital returns achievable.
There exists also the possibility to negotiate the lease purchase of both the ground floor space and a second floor apartment totalling a spacious 540m2 in addition to the first floor restaurant of approximately 270m2. The restaurant traded until recently and has been under the same ownership for nearly 50 years, the landlord is very approachable and open to ideas and offers from any professional tenant to further renovate and develop the complete 3 floor building, initially or in stages over a period of time.
The restaurant, which has enviable views of Orange Square from a balcony terrace that overlooks this famous and most treasured and visited tourist attraction Marbella has to offer. The restaurant also has permission to place 5 tables of 4 in the square itself.
The interior exudes the old and real Andalucia and retains all of its original features including moulded pillars, a open fire place and an inner balcony overlooking a cool fountained patio which can also be utilised for further seating. There are 2 separate dining areas, one which faces the square and currently set for 40 covers, plus a further undeveloped room to the rear which could easily accommodate 40 + diners and which would be ideal for weddings and private parties.
The walls of this building are nearly 2 feet thick keeping the interior cool during the extremely hot summer months. The good sized kitchen and support area are in possible need of a refit. Access to the large apartment is gained from the inner balcony and which also has its own balcony overlooking the picturesque square.
An opportunity not to be missed.
If you own a business and are considering selling, visit our Sell Your Business section.
If you haven't been brought to the right country version of our site please select the correct one below: