Bars with Accommodation for sale in Torremolinos

REF: SB709

Property Type: Bars with Accommodation

Type: Bars with Accommodation

Reference: For Sale

Location: Torremolinos

Price: 1,700,000Euros

Description

Freehold with Accommodation.
Area includes Bar/Restaurant/Disco/Ceramic Shop. 620m2 includes a beautiful two bedroom apartment.
Possibly the most successful and longest running venue in this upmarket area of Torremolinos.
This huge, 620m2 property includes a wonderfully decorated furnished bar popular for major sporting events such as the weekly Premiership, separate large dining area, a large lower level utilized as store room, workshop and gymnasium plus a totally separate fully stocked ceramic gift shop that imports unique gifts from Asia.
The lower level was originally an industrial kitchen and, presumably, could be utilised again in this manner is required it also has an external hatch for delivers direct from the street.
It would be difficult to find a cleaner or better presented business, the seating is superb with both open and alcove locations, the serving bar is very large and double doors lead off the main bar to a fully enclosed, light and airy dinning terrace with seating for 60 plus.
The commercial kitchen is excellent and fully equipped.
Alongside the main bar/restaurant there is a beautifully fitted gift shop specializing in imported gifts fro Asia many off which are totally unique.
The property is huge and provides two businesses in one though a company purchaser could easily open the dividing wall between bar and shop to create the largest licensed venue in Torremolinos.
Located only meters from the beach and having large exterior terraces this business has been a local landmark for the past eighteen years and only retirement has brought the property on sale.
This property will bank value at much higher than the asking price and is being sold to include the owners beautifully furnished two bedroom apartment with ocean views and located directly above the business.
A. Price for all THREE properties is €1.700.000
B. Price of the BAR/RESTAURANT and GIFT SHOP (without apartment) is €1.500.000
C. Price of the Bar/restaurant alone is €1.200.000
D. Price of the Ceramic/souvenir/gift shop is €450.000
We can arrange a 60% finance package over 15 years to qualified clients.

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