Shop In Magalluf For Sale

Business description

Comments:
Businesses at this price and in this resort do not come onto the market often and when they do they tend to be snapped up quickly. With this in mind an early viewing is highly recommended to avoid disappointment.

Current Operation:
This busy souvenir shop currently trades for most of the year selling everything from postcards to beach related items to souvenirs and costume jewellery, to mainly British tourists that visit this popular resort each year. The business has a sizable covered front terrace with several free standing display stands and racks, an upright chilled bottle display fridge, an ice cream dispensing freezer and a glass display cabinet. Inside the shop there are free standing display stands down the centre with fixed shelving to the walls. A glass topped service and display counter comes with an electronic cash register and free standing fan, there is also a gas heater to be found in the shop. To one side of the shop is a tiled staff toilet and washing facility and at the rear of the premises a fixed grill which could be removed to provide rear accesses to the shop for delivery purposes and also a private parking space for one car.

Notes:
This is a fantastic opportunity for someone to purchase an up and running business in a great location that comes at a very affordable price. The business would be suitable for a couple, with or without experience, as the business is easily run and represents a good first time purchase opportunity.

Premises Dimensions:
Inside: 48 Sq. metres
Outside: 50 Sq. metres

Finance:
Both the asking price and the rent for the business are below average for the resort, this coupled with low running costs means that this business has a high profitability margin.

Rent:
£385 per month

Asking Price:
€49275

Property information

Real Estate:

Lease

Location:

The business is located in what is the busiest British resort on the island amongst bars, restaurants and other retail outlets. There are many hotels and apartments surrounding the business some of which stay open all year round. The wide sandy beach is just a couple of minutes away and there are a number of major tourist attractions nearby. The resort has long been a favourite with British tourists who visit for the abundant nightlife that the resort is famous for and this trend seems to be continuing.

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