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

Restaurant For Sale in Torremolinos, Malaga

Reference
DN2514
Asking Price
86,450 EUR ( £68,918 approx. )
Property Type
Restaurant
Region
Malaga
Town
Torremolinos
Type of Purchase
Leasehold
Lease term
Indefinate
Monthly rent
902€
Interior size
120
Terrace size
40
Interior seating
48 +
Terrace seating
40

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Description

This spacious Café Bar / Restaurant really is a very interesting and versatile establishment and should tick all the boxes when considering price, monthly rent and location. It has been very successful for the present owner for 7 years who, by choice, only opens during the main tourist season, Easter to October, and made viable due to the bars low rent and huge summer season income.
Operating as a mainly British patronized establishment offering a full and varied menu with steaks and fish dishes proving the most popular, the business opens from 10am and normally trades no later than midnight, 2 owners plus 3 to 5 staff run the business during the peak periods. 48 dining covers are set inside still leaving plenty of room for a pool table and stools at a long serving bar. Outside, the private terrace, can easily accommodate 40 more customers.
The Café Bar / Restaurant is enviably positioned only a few metres from the beach and adjacent to a large hotels swimming pool which is where the majority of the clientele come from, it is positioned on the ground floor of this large hotel which proves ever popular with Irish holidaymakers. The business is ready to re-open at any time but some refinement and redecoration would be beneficial. The business would ideally suit an experienced publican or perhaps a working family, there is certainly so much obvious potential in the right hands to make serious profits and at this monthly rent an absolutely sound investment, also considering the long lease contract on offer.
Reduced from 132.000 euros.

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