Long Established Freehold Bar For Sale

Business description

This is a rare opportunity to purchase the Freehold of a long established ‘Bar’ in Los Cristianos. The freehold has been with the same owners for 20 years since it was built in 1987.

Being sold as an investment with tenants in place who have a 5 year lease with mutual option of five more subject to a 20% rental increase) It has guaranteed (rent) net monthly income of €2,000.

Recently refurbished, the premises measure approximately 53m2 inside with seating and a further 20m2 outside on the terrace in a very busy area opposite the sea. There is a well equipped kitchen, customer toilets and in general the business is well cared for and very clean and tidy.

Open day and night with evening entertainment for the local residents and tourists.



COMMENT:

Interesting investment opportunity in a great location.

Property information

Real Estate:

Real Property Included

Contact the seller