Reduced Price For Quick Sale Bar In Lanzarote For Sale

Business description

This bar in the Old Town of Puerto Del Carmen boasts a reliable trade with low overheads. Situated on a busy walking street leading towards the old town harbour it is the first bar for over 300 apartments in the nearby streets being a true mini-bar for many on holiday. The street currently is included within the PDC town plan to be pedestrianised which would give the bar a terrace area effectively doubling it's capacity.

Property information

Real Estate:

Lease

Lease terms:

A new five year lease will be available to new owners

Location:

Busy walking street in old town of Puerto del Carmen

Other information

Expansion potential:

Premises could easily be changed for a different usage

Competition / Market:

This is the first bar serving over 300 apartments.

Support & training:

The current owners would offer any assistance to the new owners during the transfer process that they would require

Reasons for selling:

Family commitments

Trading hours:

Currently trading 7pm - 1am 7 days per week

Furniture / Fixtures value:

€1,500

Inventory / Stock value:

€600

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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