Music & Cabaret Bar In Torremolinos For Sale

Business description

Ideally situated on a main road opposite a large tourist hotel in the centre of Torremolinos, this popular Entertainments Bar is buzzing with action every night from 8pm until 4/5am in the season and attracts parties of golfers, stag- and hen- nighters and holidaymakers all year round. The spacious air-conditioned bar holds up to 100 people and features two raised stages with lighting systems where the live entertainers, karaoke performers, pole dancers and even strippers can be seen by everyone in the room. There is a long drinks bar fully equipped with drinks chillers, draught beer pumps, display shelving for spirits and a glasswasher and with enough space behind the bar for 3-4 serving staff. At the end nearest the two stages, the DJ booth houses a full sound system with CD decks, amplifier and the obligatory limiter. The bar is fully soundproofed and licenced for live entertainment until 3/4am and can open for 23 hours per day if you have the stamina! Behind the stages at the rear of the premises are well-presented customer toilets and a good size full working kitchen, with fume extraction, cooker, microwave oven, fridges/freezers and dishwashing facilities. The present owners offer only bar snacks during the season, but if you wanted to introduce daytime/early evening opening the kitchen could support a full menu. The bar has a pavement terrace outside with seating for 24 people at tables, which gives it good street visibility to attract passing trade. The premises are held on a 10-year renewable lease at a monthly rent of 1.600 euros, which includes water charges. In the 5 years the present owners have been here, they have built a very good trade with hundreds of regular customers and on a good night takings can reach 3.000 euros - they are selling only because of growing health problems.

Property information

Real Estate:

Lease

Lease terms:

10 year renewable lease and the rent is currently 1,600 euros per month.

Living accommodation:

There are plenty of rental properties available within easy walking distance of this popular music bar - we can help you find your ideal home on the Costa del Sol.

Location:

Located in the busiest area of Torremolinos - excellent evening trade all year.

Other information

Expansion potential:

Could open daytime and offer a full menu.

Competition / Market:

Limited competition and well Known.

Support & training:

Full training available

Reasons for selling:

Genuine ill health.

Website:

www.diamondcommercials.com

Related documents:

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