Restaurant In Palma Central For Sale

Business description

Comments:
This is a perfect business for any aspiring chef that wishes to own and control his or her restaurant and to create their own menu. Good central Palma location coupled with year round trade equals money making potential.

Current Operation:
This stylish restaurant situated in the heart of the city of Palma opens all year providing a varied international menu for both tourists that visit this magnificent city and also the many locals that live and work in the near vicinity. The restaurant is situated in a vibrant part of Palma with good shopping nearby as well as a number of retail and office based businesses, a large private medical clinic and various tourist attractions in the vicinity of the business. Entered from the street into a air-conditioned bar area decorated in terracotta with an attractive ceramic tiled design to half the walls. There is seating for 16 people in this area on bar stools and director style chairs. The L shaped bar has a solid wood top and comes complete with bottle cooler, beer dispensing equipment, glasswasher, coffee machine with grinder, electronic cash register, and sink unit. Also behind the bar area is a food preparation area, which is used to freshly prepare pizzas to order and this, includes a large chilled food storage cabinet and set into the wall behind is a double pizza oven. A small corridor links the bar area to the main dining room at the rear of the premises, this room is also air-conditioned and decorated in terracotta and magnolia, with seating for an additional 34 people. A chilled bottle display cabinet, fridge and a dumb waiter can be found in the main dining room. The centrally located kitchen is equipped to a high standard with stainless steel work surfaces, industrial quality stove with oven, extraction system, microwave, floor standing food mixer, juicer, food slicer, stainless steel fridges, three chest freezers, dishwasher and sink unit. Two tiled public washrooms are located off of the corridor that links the bar and restaurant and to the rear of the dining room there is a storeroom and also a staff toilet and shower facility.

Notes:
A good opportunity for someone to run a business that has all year round trade and is not wholly reliant on the tourist trade. Suitable for a couple with staff or even a small family, with some catering experience, this business could be your first step to starting a new life on the beautiful island of Mallorca.

Premises Dimensions:
Inside: 175 Sq. metres

Finance:
The asking price for the business is a reasonable one taking into account the size, location and general quality of the restaurant. The rental charge and day to day running costs are deemed to be average for this type of business.

Rent:
£715 per month

Asking Price:
€108000

Property information

Real Estate:

Lease

Location:

The business is situated in a busy commercial part of the city of Palma with numerous offices, shops and a large private clinic nearby. The area is also a popular spot for tourists of all nationalities who come to visit the many attractions both modern and historical located close to the restaurant. Palma has over the years become one of the most popular city break destinations in Europe with many thousands of tourists visiting all year round.