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Ref MA-11:

Description:

This is a well established local situated in the very popular resort of Magaluf. Currently operated by three people on relatively easy opening hours, it enjoys an excellent level of turnover. Opposite the bar is the Hotel Guardalupe Sol which is a very popular hotel for the English.

The trading months are 10 out of 12 and 99.9% of their customers are English. The present owner has been situated in the bar for 15 years and the lease is for 99 years.

The interior of the premises consists of a bar with kitchen area to the front with 40 covers plus a terrace outside which has 30 covers. The bar is situated slightly below the road down 8 steps with a pedestrianized walkway adjacent to the terrace.

There is a storage area at the rear of the local. These premises have a bar/cafeteria licence.

Statistics:

Ref: MA-11
Price: 22,000,000 pts

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