Restaurant In Palma Nova For Sale

Business description

Comments:
A fantastic business for the serious restauranteur, which has the potential to become one of the premier dining experiences not only in the resort, but in this part of the island.

Current Operation:
This large front line business has been trading for some time as a Chinese restaurant and has come onto the market due to the owners other business commitments. The business comes fully equipped and ready to run and commands magnificent views over the bay and small marina of the resort. The restaurant is on the first floor and is entered up a small flight of stairs, it has a small welcoming reception and waiting area near the bar, where the two tiled public washrooms and a small storeroom are situated. There is seating for well over 200 people in the main air conditioned dining room which is decorated in the style of the current operation and on the terrace which sweeps in a semi circle around the front of the building. Various cupboards and dumb waiters are situated around the dining room and on the terrace. The bar comes fully equipped with all the necessary equipment needed to run an efficient bar. Behind the bar is the large kitchen equipped to a high standard capable of producing anything from snacks to main meals.

Notes:
This is a serious investment opportunity for someone with some knowledge of the restaurant trade who wishes to own their own business with the freedom to determine which type of restaurant they want to run. The business has a fantastic location, all year round trade and as yet untapped potential.

Premises Dimensions:
Inside: 600 Sq. metres.

Finance:
The business is being offered either leasehold or freehold; both of these options are a substantial investment opportunity for a substantial business. On the leasehold option, the rental and running costs are average for the size and location of the business.

Rent:
£2000 per month

Asking Price:
€641250

Property information

Real Estate:

Lease

Location:

The restaurant is located on the front line of this ever popular resort opposite the small marina and overlooking the clean sandy beach. There is a large hotel next door to the business and several other hotels and apartment complexes in the near vicinity, some of which stay open all year. The resort is popular with British tourists, with some returning year after year.

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