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Freehold Bar In San Pedro Del Pinatar €365,000


Current Price: €365,000
New Price:
Rate data provided daily by European Central Bank
Terrace Seating
80
Freehold ​36​5,000E   
 
A fantastic opportunity to purchase the freehold of this well established and highly profitable bar or the leasehold with an option to purchase if desired.
 
The bar is located in an excellent spot on the edge of a large urbanisation and just minutes from the coast and centre of San Pedro. It is very popular with all nationalities including British, Spanish, Scandinavian and other European nationalities due to the location.
 
Since opening ​9​ years ago the current owners have increased turnover and profits year on year and it the only official sports bar of its type in the area making it extremely popular all year round.
 
There are 5 live football systems that feature every Premiership and European matches plus all live sports. There is also fantastic sounds system in place for live entertainment and the business has a full, legal music license.
 
45,000 Euros was recently spent on sound proofing the bar meaning that noise is kept to a minimum and music can be played until late with no problems.
 
Internally the furnishings and holdings are worth over 100,000 Euros and features include air conditioning units, fully equipped and fitted kitchen, chairs, tables, pool table, televisions and an ice machine.
 
The bar is well known for its superb daily food menu and is extremely popular on Sundays with regulars and new visitors attending for Sunday lunch.
 
 There are regular weekly and monthly events such as poker nights, pool league and a golf society.
 
This is a unique opportunity to purchase and walk right into a thriving bar establishment right before the main summer season - the current owners are willing to assist with a 3 month handover period to assure a smooth transition and there are currently 6 contracted staff who understand the full workings of the bar.
 
Financial information is available upon signing a non disclosure agreement and upon arranging a serious viewing of the business.
 
Viewing Arrangements
 
 
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
 
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive. 


San Pedro Del Pinatar
San Pedro Del Pinatar, Murcia
Sale Type: For Sale
Ref #: BB6505F
Category: Bar, Price Reduced
Type of Purchase
Freehold
Interior Seating
40
Terrace Seating
80
Years Established
10
San Pedro Del Pinatar
San Pedro Del Pinatar, Murcia
Sale Type: For Sale
Ref #: BB6505F
Category: Bar, Price Reduced

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
San Pedro Del Pinatar
San Pedro Del Pinatar, Murcia
Sale Type: For Sale
Ref #: BB6505F
Category: Bar, Price Reduced

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