Bars with Accommodation for sale in Palma de Mallorca

Property Specification

Property Type: Bars with Accommodation
Reference: SBM790
Location: Palma de Mallorca
Price: 103,000 Euros

Additional Features:

Parking - Yes
Air Conditioning - Yes
Central Heating - WARM AIR
Terrace - Yes Front & Rear
Town Bar - Yes
Sports Bar - Yes

Description

Situated 5 minutes from the airport, ten minutes from Palma and Arenal and 20 from Magaluf, we generally rely on a local trade of Spanish/Mallorcian and x-pats (British) sited on one of the two main streets linking the main square / town centre to the harbour and two local beaches (one of which is the only grade a listed beach on the island). We have 6 'British' and Spanish bars to one end of the street, and at our end we are between a very popular Spanish restaurant and a local cafe.
We are approximately 120 m2 in size, 90m2 of which is the bar area complete with new sofas/arm chairs/stools and a pool table (owned by the bar, not rented),with 3 smoke extractor fans approximate capacity 100 people. The bar itself has 2 brand new double sliding door fridges and a dump fridge, back bar is mirrored with glass shelves. The kitchen is well equipped with walk-in fridge, freezer, large plancher and industrial extractor, all stainless steel; inc. work surfaces further on from the kitchen is a large store room including 2 chest freezers and 2 double sinks.
Inclusive of men’s and women’s toilets fitted with extractor fans, hairdryers and towels.
There is a patio garden with 3 tables, 4 chairs at each; subtle Mural on the walls and plants to the left of the garden is a large double bedroom with on-suit shower room.
The property is also armed with a code alarm complete with motion censers, which, if set off will ring, in succession, 3 phone numbers to security & police.
The property has been completely re-wired and re-plumbed and has new floor tiles throughout, plus new fixtures and fittings throughout.
In addition there is a pavement terrace with seating for sixteen clients plus two stools at a double window. Double swinging doors as an entrance, and to the opposite side of them 2 sets of sliding doors, 3 fold each, making a completely open fronted bar.
We are a dual operation popular as a late night bar, opening at 8 in the evening and closing in the early hours of the morning, but also, during the day, we run as an international tapas bar from 12 noon until 4 in the afternoon the food service runs all night also.
Leasehold price €: 103.000 Euros. £71,500 Sterling.
Long and renewable at only 650 Euros monthly!

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