Search for a Mallorca Business
Area: Palmanova
Tenure: Leasehold
Term: 10 years
Rent: € 1,000 Monthly
Price: € 20,000
This long established and well-known bar/cafe has been owned by the same British family for the last 15 years.and is situated on one of the main streets of this popular area, just a few hundred metres from the sea and an idyllic little cove and a few minutes from the neighbouring Palmanova beaches.
Positioned beside a large self-catering apartment block, accommodating both local residents and tourists, you approach the bar through the large double fronted terrace. The interior of the bar/cafe stretches to approximately 110m2, with the fully equipped bar running down one side of the premises. From the bar, there is a serving hatch to a side terrace, where the entrance to the apartment block is. To the other side are a number of tables and chairs and a pool table (owned). To the rear of the premises, you will find the compact kitchen which was recently refurbished and has a range of equipment (including griddle, oven, extraction, fryers, microwaves, stainless steel cooling cupboards), sufficient to service the bar/cafe menu on offer.
Outside, the terrace runs to around 33m2 and, in total there is capacity for at least 38 customers, although ample room for more.
This truly is a turn-key operation which also includes 3 TV’s, satellite system, and music equipment (mixer karaoke set up – connections directly to TV´s).
The family have traditionally opened all year round from 10 am until late, only closing for a well-deserved holiday over the New Year. It is open every day in the busy summer season and during the winter season, closes on a Tuesday only. The clientele is mainly British; however there are many Scandinavians and local Spanish in the surrounding area also, who come in for the breakfasts, snacks and particularly the Sunday roasts.
Boasting a long successful trading record over the past 15 years of ownership, figures are available in person to serious parties. COMMENT: This is an excellent opportunity for a family or couple with some help in the summer to take over a successful business and be earning money from the off. It is also available as a freehold sale (details on application).