Music and Disco bars for sale in Fuengirola

REF: SB923

Dev.:

Type: Music and Disco bars

Location: Fuengirola

Beds: 0

Baths: 0

Price: 77,000€

Description

Prime location combined with a fully legal music and entertainment license until 4AM make this a rare opportunity to purchase a business that rarely comes on the market.
Over 420 m2 on two floors the property has a huge seating and dancing area with two bars serving capacity crowds in excess of 400 and, even in the quietest months the average Saturday night attendance can be between 250 and 300 giving takings over 3000 euros according to the owner. Summer openings are seven days a week reducing to four days in the low season. Main attractions are weekends when tow full bands alternate giving tremendous atmosphere. Apart from the live entertainment there is a fully fitted DJ booth. The property is absolutely front line in the best area of the resort and has a terrace for fifty which offers day time opening in the long summer season.
The huge lower floor is made up of a maze of store rooms, office, client facilities and adjustments could easily be made to turn this area into a fantastic games area or quieter lounge bar area for couples wishing to get away from the high volume of live bands in the main area. Considerable cosmetic work is required both her and in the main areas as the owner lives more than one hour away from the business and has his hands full just with running the business. Fully legal music venues are difficult to find and most authorities on the Costa Del Sol are refusing to issue any more of this type of permit making those already with the license in place a valuable commodity.
Superb front terrace overlooks the beach and as such offers two businesses in one, daytime family bar reverting to top class night time entertainment venue!
A ten year renewable lease is offered at a low rent for the size and capacity of the business. The business is located in a high quality area noted for restaurants and up market bars and it draws many clients from these venues when diners are seeking late night entertainment after dinner. A professional in the industry could make this one of the best music venues on this area of the Costa del Sol. Rent 3000 Euros monthly, £500 weekly.
Leasehold offered at 77,000 Euros. £55,000 Sterling an incredible price the music license alone is worth this money!

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