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Ref MA-08: Click Pictures To Enlarge

Description:

Based in the heart of Magalluf, this family run establishment offers an established business with all the trimmings. The business has a full Restaurant licence and has a kitchen with all facilities including ovens, microwave banks and the full compliment of machinery and utensils a busy establishment needs. Fridges, storage and safes are all included in the price. A water purifyer has been installed and services the washers and running water facilities.

No expense has been spared in the the original conception of this business and the owners are quite willing to explain the workings of all the fixtures and fittings to any potential buyer.

The front terrace area is a popular spot for tourists. Apartments and hotels are adjacent.

The bar has everything necessary to facilitate the theme which has been established as a sports bar, with 9 TV's which can be used independently to show more that one sporting event. There is also a full music system. Two pool tables are the property of the bar as are the computers (presently providing an internet cafe service); both generating extra income. The clients of the bar can use the swimming pool directly behind and serviced by the main bar opening into the pool area.

There are no restrictions on staff regarding contracts. If it is a fully loaded business ready to go that you are looking for, this is it!. Restrictions on the name will apply but should not encumber this busy well run business.

The traspaso is £320.000.00 and an in-going 15% to the landlord which is negotiable with the present owners. Rent on the property is £1.135.00 per month, The original Lease was for 20 yrs and has 11 yrs remaining with arrangements to extend with the landlord. This is a very profitable business with fully audited accounts available for inspection to serious viewers. A full inventory is available. If you want a business that works, this viewing is a must. You will not be disappointed

Statistics:

Ref: MA-08
Price: £320,000
Rent: £1,135 p.m.
More Pictures

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© Copyright 2003 Stephen Wood S.L.