Bar For Sale

Business description

Asking Price: €59,950 Leasehold

• Close to beach
• Taking circa €2,500 to €3,000 per week
• Family run traditional British bar
• Renewable 10 Year Lease
• Easy family orientated hours (can be expanded)
• Low rent and overheads
• Fitted out from shell to a high standard by present owner

A beautifully appointed food orientated Bar within a busy street at the heart of Benidorm, less than 100mtrs from the sea front and enjoying steady trade from opening hours that have been set by the vendor in order provide for a profitable business whilst not compromising family life. Under new ownership, this business can be expanded extensively with later hours.

Enjoying a prominent location on a busy road, internally the premises comprise circa 75 m², whilst outside there is a further circa 50m² of terrace. The internal area is well fitted and has at present 20 covers.

The external terrace has again good quality tables and chairs (not brewery freebies!) with 20 covers. To the rear of the premises, there are separate ladies and gents toilets with disabled facilities. Outside of the premises there is ample on street parking.

The kitchen is well fitted and comprises a comprehensive range of units and professional catering equipment, a detailed inventory of which can be provided upon request.

Prospective purchasers must take note of the very low overheads and quality bar fit of this business when comparing with other similar establishments that may be for sale in Benidorm and surrounding areas. Our clients have been the one and only owners of this business and have fitted it out to a very high standard from a bare unit three years ago.

Presently, the current owners open seven days per week from 9am to 8pm weekdays and 9am to 4pm weekends, scope exists therefore to expand the business with the introduction of later hours.

There is a satellite TV connection with British and Sky TV channels providing the option of occasional later nights coinciding with live sporting events.

The premises are held on a renewable 10 year lease, with at present 7 years unexpired. The rent which is inflation linked is a competitive €1000 per month given the central location.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.

RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.

Property information

Real Estate:

Lease

Contact the seller