Homes and Businesses for Sale in Costa Del Sol
Established Since 1997

Cafe Bar For Sale in Benalmadena, Malaga

Reference
DBL2282
Asking Price
106,000 EUR ( £84,503 approx. )
Property Type
Cafe Bar
Region
Malaga
Town
Benalmadena
Type of Purchase
Leasehold
Lease term
5 years renewable
Monthly rent
900€
Interior size
60
Terrace size
120
Interior seating
25
Terrace seating
50

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Description

This friendly family Café Bar of 60m2 plus a massive 120m2 L shaped terrace is located in a large child friendly square, a well known sun trap smothered by residential and holiday apartments.
The business has been built up by the present owners over a period of 5 ½ years, it has a lot of good will and provides a very good income with the owner disclosing a turnover of circa 150.000 euros, they employ 1 member of staff and a loyal manager who is extremely popular with the locals and runs the bar on a day to day basis allowing the owners to take things a little easier, subject to terms he would stay with the business if required.
Other steams of income come from the much used pool table, which is on a 50/50 split, and a gaming machine which goes much of the way to paying the monthly rent.
Of other interest is the conversion of an upstairs store area into 1 bed accommodation with private bathroom offering basic living.
The bar is air-conditioned, has a good sized fully equipped kitchen, and Sky TV shown on 4 TV’s.

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