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*SOLD* Long-Established Drinks Bar in Montemar

64.950 €

Overview

Description

Businesses Abroad are delighted to present for sale a 5-year renewable lease on this long-established and popular drinking bar in the area of Montemar. After running this business very successfully for 17 years, the current owner is now looking to retire and get some well-earned rest! This drinks bar is very popular with local residents, and the regular quiz nights are always a big draw. It is not unusual to see the terrace full to capacity with customers enjoying the entertainment and the music, with 4 televisions playing music videos from the 60’s and 70’s. Sports also feature heavily at this drinks bar, with the subscription to the sports channels already paid for a year. This business is in a fabulous location within a busy area, near hotels and residential apartments, and is what most people would call a ‘proper’ drinks bar!

The 61m2 interior has 4 tables seating 20+ customers, and the serving bar is located on the right-hand side with several bar stools arranged for additional seating. The interior is very traditional, and there is even a bookcase for anybody looking to catch up on some light reading when they visit the bar! There are currently three drinks on draught, and behind the serving bar is plenty of space to display spirits, drinks and glassware. The kitchen is not licensed to serve food to customers, and therefore this area is used as storage. At the rear of the premises are the toilets, of which one has been adapted for disabled access. There is also a freezer for ice, plus additional storage rooms in this rear area. The business also benefits from air-conditioning, and a CCTV system has been installed.

The large 45m2 terrace seats 40+ customers across 16 tables, and there is no terrace tax to pay which is a real bonus. Importantly, there is a full all-weather canopy installed, which provides essential shade in the summer and protection from the elements in the winter months. Customers can enjoy their refreshing drinks on this comfortable terrace area whilst enjoying the entertainment shown on the television.

This drinks bar is being offered fully equipped and furnished, and with proof of earnings provided by the current owner, we are sure this business will not remain on the market for long. Any potential buyer looking to purchase a successful business earning a very healthy profit should contact us at their earliest convenience!

– 17-years established drinks bar in Montemar

– Great location in busy area

– Very popular with locals

– Near cafes, hotels and apartments

– Sports channel subscription paid for a year

– Regular quiz nights

– Air conditioning

– Disabled toilet

– CCTV system

– No terrace tax or community fees

– Proof of earnings

– Fully furnished and equipped

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.

State/County: ,
Country: Spain
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Property Id : 43861
Price: 64.950 €
Our reference: TOR 11092
Rent per month: 1100 + IVA
Lease Term: Yes
Interior size: 61m2
Tables inside: 4
Seating inside: 20+
Terrace size: 45m2
Licensed as: Bar
Exterior seating: 40+
Exterior tables: 16
Other Features
Air conditioning
Currently trading
Disabled toilet
Full all-weather canopy
Fully equipped
Furnished
Great location
Large terrace
Low/No terrace tax
Near hotels/apartments
No kitchen
Storage room
Terrace

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Melissa Shirley