This Shop is another fine example of the quality commercial property for sale on our website. We have provided some basic details of this Shop in Benalmadena Costa but if you would like some more detailed information or a chat with one of our representatives, please click the 'Check Availability' link and fill out the very short form. Once we receive your enquiry we will be in touch to discuss your requirements.
This bar is sold FREEHOLD with a sitting tenant, paying a monthly rent.
This large bar is located just off the main road and within a large residential complex. The bar has been established many years and serves local residents as well as holiday makers. The bar covers over 80 square metres, including a large, double terrace for over 50 people. The terrace is half covered and has a pool table and a table football.
Inside the bar, there is fixed, upholstered seating, supplemented by bar stools. The décor is clean and bright and the whole bar was re-fitted and decorated earlier this year. There are 3 TV?s connected to Sky (Sky system not included in sale). Live sports are screened here which brings in valuable trade. There is a payphone and games machines. There is an additional payphone outside the bar for which the bar receives 40 euros per month from the phone company.
The serving bar is large and well equipped. There are massive stainless steel chillers, a CD player, lots of shelving and a cash register.
As well as two toilets, there is a large, fitted kitchen. Inside the kitchen, everything is stainless steel and professional quality. There are 3 microwaves, a prep table, gas oven/hob, plancher (new), fryers, toasters, extraction, large chillers, fridges and freezers. A new gas boiler has been fitted.
The bar does very well on meals, in particular, Sunday lunches.
The tenants of the bar have the added advantage of free use of the community swimming pool opposite the bar. The pool also brings in a lot of trade as this is the nearest bar.
The tenants have a 10 year renewable lease and pay a rent of 865 euros per month. Rent rises by the inflation rate each year. Community fees are just 59 euros per month, paid by the tenant, The current tenant pays their rent on time.
In the event of a new tenant buying the lease, you as the landlord receive 20% of the sale price. The rent can then be increased by 20%.
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