Sports and Music Bar For Sale

Business description

GREAT OPPORTUNITY TO PURCHASE A WELL & LONG ESTABLISHED(WE HAVE OWNED THIS FOR THE PAST 10 YEARS) SPORTS & MUSIC BAR IN THIS BEAUTIFUL HOLIDAY RESORT OF COSTA BLANCA.THOUSANDS OF HOLIDAY MAKERS VISIT THIS RESORT EACH YEAR DUE TO IT'S BEAUTIFUL CLEAN TURQUOISE SEAS AND NICE WARM TEMPERATURES DURING THE WINTER MONTHS AS WELL AS THE EXCELLENT AIR QUALITY THROUGH OUT THE YEAR!!AS A RESULT IT IS A VERY POPULAR AREA WITH ALL NATIONALITIES ESPECIALLY THE NORTHERN EUROPEANS.THIS BUSINESS IS 5 MINS WALK FROM THE MAIN BEACH AND CAN EASILY MANAGED BY A COUPLE OF PEOPLE,AS AT PRESENT IS ONE OF THE MOST POPULAR AND BUSIEST SPORTS / MUSIC BAR ALONG THIS RESORT- WET SALES ONLY.THERE IS AN OPPORTUNITY TO PROVIDE FOOD ,THE CAFE MENU TO INCLUDE HOT & COLD FOODS POPULAR WITH HOLIDAY MAKERS AND THEREFORE INCREASE TURNOVER!VERY GOOD RENT FOR THIS AREA.THE BAR HAS A NICE ALL SEASON TERRACE.AT PRESENT WE OPEN FROM MID AFTERNOON UNTIL LATE AT NIGHT.THE PRICE INCLUDES A COPY RIGHT REGISTERED NAME AND WE SHALL SIGN A DISCLAIMER NOT TO OPEN A SIMILAR BUSINESS IN THIS RESORT!MORE PICTURES AVAILABLE UPON WRITTEN REQUEST.
Main Description
Seats outside 24
Terrace YES
Seats inside 38
Wash Rooms 2
Kitchen Contains
Equipment yes
Storage Area yes
Bar Contains
Drinks Coolers yes
Coffee Machine yes
TV's yes
Sound System yes

Property information

Real Estate:

Lease

Lease terms:

Price 160,000 € Leasehold (Approximately £ 110,050)
Deposit 1,800 €
Current Monthly Rent 870 € Plus 16% (I.V.A.) V.A.T.
Length of Lease 5 YEARS RENEWABLE

Location:

CENTRAL

Other information

Support & training:

YES

Reasons for selling:

NEED A CHANGE AFTER 10 YEARS

Trading hours:

MID AFTERNOON TILL LATE

Financing available:

NO SORRY!