Rent Or Buy Magaluf Freehold Bar

Details

This is an excellent opportunity to Rent or Buy the freehold of a very well-known bar with a much sought-after “Café Concierto licence” in the resort of Magaluf – and the even better news is that it has been renovated throughout and is ready for the new owner to turn the key and start trading!

This bar is well located, just off one of the busiest streets in the resort and has the rights to a sign on the main strip the “Punta Ballena” This area is the heart of the nightlife in Magaluf. It has a terrace of around 20m2. Inside, you will find a further 40m2 set out with bench seating (to maximise the number of seated customers). The bar itself runs along one side of the premises and, to the rear, there are male and female washrooms and storage space.

The décor is modern, and the owner has recently laid new flooring throughout the premises. The licence allows for the bar to be open for live music and Karaoke and Sports that are so popular in this area. Fibre optic internet is pre-installed.

The clientele is mostly an international mix of tourists during the summer season; however, there is scope for catering for the large population of ex-pats who are resident in this area all year round.

This business is available both Leasehold ( 2 Months Rental Deposit, plus one months Rent in advance and a bond of 5,000 Euros to be held by the owners lawyer ) or Freehold  ( 75,000 Euros  )

Viewing is strictly by appointment with this office.