Bar And Cafe For Sale

Business description

Comments:
Totally refurbished bar/café that with a little flair and imagination could become the premier bar in the resort.

Current Operation:
This double fronted bar has undergone extensive restoration recently including new wiring, plumbing, redecoration, new floor throughout, new furniture and new equipment in the bar and kitchen areas. The business is situated on a busy street that runs between the main road in the resort to the seafront, and has a small front terrace that can seat 16 people on canvas chairs. Fully retractable glazed doors lead into the redecorated in white and ice blue main bar area with a large mural depicting a frozen landscape and polar bears to one wall giving forth the theme of the bar. Further seating for 50 + people on bar stools, metal framed chairs, easy chairs and two seatter sofas in a lounge area. The bar benefits from newly installed smoke extraction and will have air conditioning installed in the near future. The reformed bar has a new ceramic tiled top and comes complete with bottle cooler, beer dispensing equipment, coffee machine with grinder, stainless steel fridge, two chilled bottle display cabinets, electronic cash register and sink unit. Alongside the bar is a kitchen that has stainless steel worktables, griddle, bread oven, microwave, extraction system, two stainless steel fridges and hand wash sink. Next to the kitchen is a storeroom with fixed metal shelving, two chest freezers and three sink units. At the rear of the bar is a small corridor leads to two tiled public washrooms with new suites and the rear door that opens up onto a walled rear courtyard terrace, which can seat 16 people on canvas chairs. Off of the rear terrace is a further storeroom and a staff shower facility.

Notes:
This is a quality business, refurbished to a high standard, which is just crying out for someone to make it one of the premier bars in the resort. The business can easily be run by a couple or single operator, with or without experience.

Premises Dimensions:
Inside: 145 Sq. metres
Outside: 40 Sq. metres

Finance:
This is one of the best turned out bars in the resort due to its recent reformation and a considerable amount of money has been spent on the business to get it to the current standard. This is reflected in the asking price, which considering the amount of work that has been done seems reasonable. The rent and daily running costs are below average for the type of business, and should not prove to be a problem for new owners.

Rent:
£465 per month

Asking Price:
€96525

Property information

Real Estate:

Lease

Location:

The bar is located on a busy street in what is one of the longest established resorts on the island, amongst other bars and restaurants with several hotels and apartments in the near vicinity. The wide sandy beach and the large international marina are just a couple of minutes walk away from the business, as is the resort centre. The resort is cosmopolitan, but has been a favourite with British tourists, particularity families, for many years, with many returning year after year or even more often.

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