Restaurant For Sale

Business description

Comments:
A well established business in the heart of one of Mallorca's most popular British resorts. The business trades all year round being popular with the local residents. The business is well equipped ant enjoys a fabulous ambience particularly on the garden terrace that can be partially enclosed in winter. Good food here will result in excellent earnings.

Current Operation:
This is a genuine all year round business trading in a small precinct that is occupied by shops, hairdressers, beauty salons etc. in a predominantly British and up market resort. The well equipped and newly tiled kitchen is capable of producing anything from simple snacks to elaborate meals and the bar area could similarly lend itself to either a cafeteria/snack bar or bistro theme. All the equipment in the kitchen is of a high standard and includes: a four burner stove, two griddles, two microwaves, two electric fryers, a sandwich toaster, a six slot toaster, a new extractor unit, stainless steel worktops, and a double stainless steel sink unit. Adjacent to the kitchen there is a storeroom containing a washing machine, two upright fridges, and one upright freezer. The bar area has a newly tiled floor, is decorated in Mediterranean pastel colours, is glazed on two sides and looks out onto the terrace to one side. The furnishings inside consist of wooden tables with metal framed wicker styled chairs whereas outside the terrace is furnished with wood tables and cane chairs. Part of the terrace adjacent to the premises can be completely enclosed with retractable awnings so the seating capacity is 36 in winter going up to 50 in summer when the whole terrace is open. Entertainment is provided by a television with sky satellite system. The public washrooms, located alongside the terrace, are both half tiled, clean and only recently completely re-fitted.

Notes:
This is a rare opportunity to purchase a business of true quality at an affordable price in this very much sought after resort. Owners who offer a high standard of food here will almost certainly reap considerable rewards. A genuine walk in and trade opportunity.

Premises Dimensions:
Inside: 35 Sq. metres.

Finance:
This property represents very good value for money considering its location. The current owners have established an excellent reputation and enjoy a fabulous level of repeat trade.

Rent:
£582 per month

Asking Price:
€74925

Property information

Real Estate:

Lease

Location:

Located at one end of a busy shopping precinct the business benefits from a hotel complex fifty metres away, attracting passing trade from tourists going to and from the hotel to the beach. There are also a number of other hotels and apartments in the near vicinity and the resort has a large contingent of British residents.

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