Bar And Cafe For Sale

Business description

Comments:
Lively business located in the heart of Mallorca's most popular British resort withy exclusive rights to serve the adjacent swimming pool belonging to large holiday apartment block. Spacious both inside and on terrace the business has been equipped and furnished to a high standard. Games room and satellite television all add to the general family appeal.

Current Operation:
This lively bar/cafeteria is situated in a pedestrian area just off one of the main entertainment streets in the resort and directly under a holiday apartment complex with its own private swimming pool. The bar has exclusive rights to serve drinks and snacks to people using the swimming pool. The bar trades all year providing drinks and a varied snack and light meal menu to the many mainly British tourists that flock to the resort in summer and to the local resident population in winter months where the bar is a popular watering hole. The premises are double glazed throughout and also benefit from a smoke extraction system. The business has a large sunny front and side terrace which at the present can seat 50 people on metal framed chairs and bar stools at hi ball tables. Part of the terrace overlooks the swimming pool alongside the bar. A double door entrance leads into the air conditioned main bar which is decorated in blue and white and can seat a further 45 people on metal chairs, bar stools and upholstered bench style seating. Three wall mounted colour televisions along with another on the terrace, all with satellite reception, are provided for the entertainment of customers. Alongside the main bar is a games room with pool table, pinball, two video games and an internet station with monitor, keyboard and printer and seating for another 12 people. To the rear of this room is a small storage area. The bar itself has a laminated top and is fully equipped with bottle cooler, beer dispensing equipment, electronic cash register, two chilled bottle display cabinets, chest freezer, electric tea urn, video and DVD players, amplifier and portable compact disc player. Alongside the bar is the well planned kitchen including griddle, three microwaves, toaster, fryer, extraction system, industrial sandwich toaster, upright stainless steel fridge, food slicer and double sink unit. There is a further small storage area at the rear of the kitchen. Two fully tiled public washrooms and a storeroom can be found to one side of the main bar.

Notes:
This is a very busy business in a good location that would suit a couple or small family with or without experience. The trade built up here is an enviable one especially now that the rights have been obtained to serve the swimming pool area next door. As with most businesses there is potential to increase revenue, all that is needed being a little imagination and flair.

Premises Dimensions:
Inside: 90 Sq. metres
Outside: 160 Sq. metres

Finance:
There are two different rental charges for the business, one for the summer months and a reduced one for winter. Both of theses charges along with the day to day running costs are most reasonable for the location and size of the business.

Rent:
£855 monthly in summer
£700 monthly in winter

Asking Price:
€89100

Property information

Real Estate:

Lease

Location:

The business is located in a pedestrian area just off one of the main thoroughfares through the resort and only two minutes from the sandy beach. Various bars, restaurants and clubs as well as several hotels and apartments surround the business, all of which provide ample passing trade. The resort is the busiest and liveliest British resort on the island with many thousands of tourists coming here each year. As mentioned previously the bar has negotiated the exclusive rights to serve the apartments above and the adjoining swimming pool.

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