Comments:
An attractive music bar in excellent location of popular and much sought after British resort. Good sized main bar with sunny terrace to front and spacious cellar, currently used as games room, that offers tremendous scope for future development of the business. Easy to run and a genuine walk in opportunity this is an extremely sound investment.
Current Operation:
This well presented fun bar trades all year and caters mainly for British tourists who make up the vast majority of the tourist trade in the resort. With Sky television, pool tables and karaoke provided, this bar has also become a popular watering hole for the many residents living in the area. The premises are set in a small pedestrian area alongside one of the main entertainment streets in the resort and almost directly opposite the magnificent beach. The business has a sunny front terrace capable of seating 16 people on cane chairs and also accommodating one of three pool tables that the business operates. Part of the terrace has a canvas awning above which provides welcome shade in summer months. Inside, the air conditioned bar is decorated in a deep red and yellow and has seating for a further 40 plus people on a variety of bar stools and easy chairs. Another pool table as well as three wall mounted colour televisions, all with satellite reception, and a quiz machine are provided for the use of clients. Behind the solid wood topped bar there is ample storage, a bottle cooler, beer dispensing equipment, electronic cash register, glass washer and double sink unit. Also behind the bar is the sound equipment including two double compact disc players, amplifier, mixer, noise limiter and karaoke machine. A flight of stairs at the rear of the bar leads to a basement area, which is at the present being used as a games room with a pool table, pinball machine and wall mounted dartboard. There is a secondary bar down here with a bottle cooler but the current owners have chosen not to use it. A storeroom with a large chest freezer and an upright fridge/freezer and two fully tiled public washrooms are also to be found downstairs.
Notes:
An excellent opportunity to purchase an up and running business in a superb location in this popular resort and with the potential to increase trade and revenue. The business could easily be run by a couple or single operator with help and could easily be suitable for first time buyers.
Premises Dimensions:
Inside: 145 Sq. metres
Outside: 30 Sq. metres
Finance:
The business comes with an unusually long renewable lease which currently has some 17 years to run. After the initial investment, the running costs for the business should not prove a problem to new owners.
Rent:
£855 per month
Asking Price:
€158625
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