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Bar & Restaurant in San Pedro €350,000


Current Price: €350,000
New Price:
Rate data provided daily by European Central Bank
M2
200

Asking Price € 350,000 leasehold

  • Fantastic Bistro & Bar in San Pedro
  • Live music venue
  • Very high earnings

This is a wonderful opportunity to acquire an established Bistrobar in San Pedro located along the redeveloped boulevard, providing ample free parking. The current owner opened this business in 2015 and has become one of the local hot spots providing a thriving atmosphere to drink, dine and dance. Live music and entertainment is a big part of the restaurant`s appeal. 

The interior is an impressive 200m2 with seating for up to 65 Pax, a large bar that runs the length of the restaurant and space for live music and dancing. The interior is fitted to a very high standard including the bathrooms. The kitchen, which is open plan is fitted with the latest appliances and benefits from ample large fridges and storage areas.

The terrace space is extremely generous with seating for 50 Pax and can be used all year round due to the weather protection that the owner has installed. In the summer months a large awning and the trees provides shade for lunch time diners.

The restaurant is currently open 5 days a week for dinner in summer and 6 days in winter. The trading times were reduced to suit the current owners plans but the new owner can trade all day adding a massive potential for increased turnover.

The restaurant has 3 full time staff including a restaurant manager and several part time staff. The business is ready to hand over to the new owners and comes with a sleek website and strong following on the Facebook page and social media.

*****   BREXIT UPDATE   *****

Do not let Brexit stop you buying a business in Spain. You can still obtain your residency and all required paperwork to move to and work in Spain. Our legal advisors are on hand to assist with this.

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:
7/19/2019
BB7037L
San Pedro de Alcántara, Malaga
Spain
Sale Type: For Sale
Ref #: BB7037L
M2
200
Available Date:
7/19/2019
BB7037L
San Pedro de Alcántara, Malaga
Spain
Sale Type: For Sale
Ref #: BB7037L

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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:
7/19/2019
BB7037L
San Pedro de Alcántara, Malaga
Spain
Sale Type: For Sale
Ref #: BB7037L

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