Description
This fully licensed music bar is available for sale freehold and also includes accommodation. Established for 30 years and located in the central hub of this ever-popular resort, surrounded by many hotels and masses of holiday let and residential accommodation, it is not difficult to see why in the not-too-distant past this venue was probably the most frequented bar of its type in this part of the Costa del Sol. The large local ex-pat community plus the masses of holidaymakers who return year after year to this region and who crave entertainment which is not always available in this neck of the woods are crying out for this place to be returned to its former glory and popularity.
The generously sized 300m2 venue boasts three serving bars, two outside terrace areas and two kitchens, one of which is commercially equipped and has a hot food license. The business currently holds a rare operating license that allows both music and food and with plenty of space, over 200 people can be catered for.
There are two terrace areas, the area at the front measuring approximately 25m2 and the sunny rear terrace measuring 50m2. Included within the monthly rental cost is a one-bedroom apartment with a separate entrance, which is ideal after a busy day running the business into the early hours.
Requiring a refresh, this hidden gem of a music bar has plenty of potential, with its two terraces and licensed hot kitchen, as well as the opportunity to serve food and drinks during the day to patrons using the adjacent community swimming pool and gardens. This could also be an investment opportunity to receive a monthly rental income from a new leaseholder. To truly appreciate this music bar’s scope and potential to return serious profits, we recommend a viewing at your earliest convenience.
- Licensed music bar in great location
- Huge 300m2 interior
- 2 outside terrace areas
- Licensed hot kitchen
- Space for 200+ customers
- Refresh required
- One-bedroom apartment included
- Plenty of potential
- Investment opportunity
Please note that the leasehold is also available for sale, see reference BEN 11138.
NB. The details in the above description have been supplied by the current vendor. Businesses Abroad advise all potential buyers to complete a due diligence process before committing to a legal agreement.