Fantastic Arte Deco Bar/Café beautifully presented For Sale

Business description

The best listing of its kind on the books! Now fully reformed and decorated with all new furnishings and new Sun Blinds a fabulous Arte Deco Bar/Café in the heart of Torremolinos tourist centre.
We are able to offer one of the most attractive Bar/Cafes in the ever popular resort of Torremolinos, this very large property has been Swedish owned and operated for many years and is now available due to the owners retirement,clients who have visited Miami's Ocean Drive will immediately see the similarity to the properties of the Art Deco area.
The huge bar area with marble top, superb overhead double mouldings, mirrored back and designer front with its brass foot rail create a feeling of spaciousness. The marble floor and fully mirrored walls of the lounge bar has distinct areas for drinking and eating. A large fully fitted commercial kitchen can cope with any type of menu.
The Bar/Café has an excellent front terrace on the busiest tourist street in this area of the resort. Two streets back from the main beach and with two large hotels located nearby this business has no shortage of clients.
This is one of our most impressive listings and is offered at a true bargain price and it would convert to one of the best Sports Bars in town or a fantastic Bistro/Bar! Ten years fully renewable lease at approx £160 weekly! Freehold available with full lease monies to be included if buying within two years!
The owner has installed all new sun blinds to the front terrace and renovated all electrics all this at the fully inclusive price of 60,000 euros! The property is really in great condition and ready to open.
In our opinion this is certainly one of the best opportunities available especially as it has an inbuilt Freehold offer at 295,000 euros with lease monies being allowed against the freehold purchase but, with a minimum 20 years lease contract there is no need to purchase the freehold!
Leasehold price 60,000 Euros.Lease years: 10 renewable. Rent:1000 Euros monthly.
Freehold to be offered at an anticipated 295,000 Euros with finance available for 60% over 12 years to qualified clients and subject to bank valuation.

Property information

Real Estate:

Lease

Lease terms:

Leasehold price 60,000 Euros.Lease years: 10 renewable. Rent:1000 Euros monthly.

Location:

Located in the heart of Torremolinos on the busiest tourist street.