Bars with Accommodation for sale in Torremolinos

REF: SB537

Property Type: Bars with Accommodation

Type: Bars with Accommodation

Reference: For Sale

Location: Torremolinos

Price: 45,000Euros

Description

Best Buy a Home and a Business in one!
This great business is located on the best and busiest tourist street in the Benalmadena/Torremolinos area, a walk only area which is packed day and night, mainly with families, and one level back from the finest beach at this end of Costa del Sol.
The bar has a two bedroom two bathroom self contained apartment above which can be reached internally from the bar but also has a separate entrance making it ideal for holiday rentals especially in the summer when weekly rents of minimum ?450 can be achieved.
The apartment is in need of decorating and some plaster work plus it needs furnishing. The kitchen is fine. There is also a roof terrace. We have a quote for two new bathrooms plastering where required, tiling throughout plus painting total cost ?3,500!
The price has been reduced to 45000 Euros, ?30000 but remember the work needed on the apartment to bring it up to a good quality acceptable standard. Once done this business will be a top earner due to its location and will offer excellent two bedroom individual apartment accommodation, This business has a long established history as one of the most famous UK bars in the resort!
A Famous Bar combined with an integral two bedroom apartment with lounge, two bathrooms one en-suite, kitchen and roof terrace.
Unique opportunity to acquire one of the longest established and best known bars in this famous resort.
Throughout the long season there is no other area that attracts so many tourists from early morning until the early hours this street full of quality holidaymakers filling the many restaurants, bars and bistros. No teenage rowdies here this is a family environment as the area has no late night discos or disco bars.
Noted for its quality leather shops the walkway is never empty with shoppers all of whom stop regularly for a drink to cool down.
The long bar has seating for 40 or more and an internal staircase leads directly to the self contained apartment above the bar, another stair gives access to the roof terrace with great views down on the tourist crowds. The apartment also has its own private door and stairway which offers a great opportunity for summer holiday rentals where ?450 weekly could be expected.
Bars or restaurants on this street only become available once in a blue moon and to find one with self contained apartment is even rarer.
Minimum 10 year lease! Rent 2300 euros for a home and business in a perfect location.
Offered leasehold at 45,000 Euros. £30,000!

Photos

Online Enquiry

Name:

Email:

Telephone:

Enquiry:

<< Back to Search