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Bar in Torremolinos €29,950


Current Price: €29,950
New Price:
Rate data provided daily by European Central Bank
M2
46
Exterior Size(m2)
22

Asking Price € 29,950 leasehold

  • Operating since 2003 by current owner
  • Lively bar with street terrace
  • Very good foot fall

Excellent opportunity to purchase a very well established and profitable bar located within a few minutes´ walk from the beach and benefits from a huge local trade. Two major Sol hotels are within very close proximity.  The bar was established by the current owner in 2003 and has decided to retire.

The bar offers a highly vibrant atmosphere and offers a very reasonable interior of 46m2 with seating for up to 24 people. There is an additional seating on the terrace which is 22m2. The current owner is trading from 12pm to 2am and the new owners are free to extend these trading hours to maximise of turnover potential.

The compact kitchen serves traditional British pub food as well as Sunday roast.  This is a successful operating business that is ready to be handed over to the new owner and will generate good returns from day 1. The current owner is selling due to retirement.

This is a leasehold sale and the rent is very low for the area and helps to provide even greater return on investment for the new owners. This is definitely an opportunity that you cannot afford to miss.

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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.


Available Date:
7/04/2019
BB7030L
Torremolinos, Malaga
Spain
Sale Type: For Sale
Ref #: BB7030L
M2
46
Exterior Size(m2)
22
REO
Yes
Available Date:
7/04/2019
BB7030L
Torremolinos, Malaga
Spain
Sale Type: For Sale
Ref #: BB7030L

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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.

 
Available Date:
7/04/2019
BB7030L
Torremolinos, Malaga
Spain
Sale Type: For Sale
Ref #: BB7030L

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