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

Restaurant For Sale in Torremolinos, Malaga

Reference
DTM2649
Asking Price
99,000 EUR ( £78,923 approx. )
Property Type
Restaurant
Region
Malaga
Town
Torremolinos
Type of Purchase
Leasehold
Lease term
5 years renewable
Monthly rent
750€
Interior size
80
Terrace size
20
Interior seating
40
Terrace seating
20+

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Description

This successful British family owned Carvery Restaurant and Bar is located in the quaint and desirable resort of La Carihuela, Torremolinos. The present owner of 2 years is reluctantly offering the business for leasehold sale as his wife is unsettled in Spain and missing her grandchildren.

The much improved property is well presented with a homely feel, a full carvery together with an al a carte menu is offered and served Tuesday to Saturday from 6.30pm and Sundays from 1pm. The business is well known and established with bookings advisable especially at the weekends and holidays, a great part of the business works on word of mouth recommendations and repeat custom. Due to an excellent location the Carvery attracts clients throughout the year from several hotels close by that do not provide an all inclusive service. Local residents often book the restaurant for private functions and parties. In the winter the owners provided a touch of British fair and atmosphere by serving 40 Spanish guests from the local English language school with a traditional Christmas dinner, it went down very well with dancing after dinner until the early hours.

The Restaurant has full facilities with a custom built open Carvery table, supported by a separate kitchen and storage area adjacent to a well stocked and workable serving bar with 8 bar stools. The interior is set for 40 diners with further outside terrace space for 20 plus covers. The interior is air-conditioned and Sky TV is connected. Due to the location of the property, within an unique commercial area, music and karaoke nights after dinner do not cause a problem to local residents and prove extremely popular.

This is a ready made business, well worth viewing. The rent of just 750 euros is very reasonable allowing retention of good profits.

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