Restaurants for sale in Central London

View the "London Owner Selling Unique "turn Key" Freehold Bar Restaurant & Apartment In Marbella Funding Avalable from owner - possible lease" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
View More
Freehold Price: £900,000 Annual Turnover: £700,000 Annual Net Profit: £160,000
Request Details
Business Description
Plot - 500 metres
Terrace - 240 meters
Build total - 330 meters
Bar - 150 meters
Basement - 100 meters
Apartment - 96 meters

This is an excellent opportunity to acquire the freehold site of this established venue in readiness for an immediate return on investment in Marbella Purto Banus Region

Due to a change in personal circumstances of its owner, an established hotelier, for whom the site was developed as a lifestyle retirement business, it is now reluctantly being offered for sale with vacant possession

Funding is available from the seller at excellent rates for UK purchasers and residents with UK assets owner would also consider a rental agreement with a minimal rent and key money agreement which he would also consider funding if backed by UK security - this is an excellent opportunity for relocation and excellent return on investment or trade from business

Located in the picturesque and renowned community of Benamara dos Hermanos, beachside, minutes from fashionable Puerto Banus and adjacent to the distinguished five star Senator Banus Spa Hotel it has gained an enviable reputation from its discerning clientele

Operating profitably from its first opening, it provides its occupier privileged profits and an excellent eclectic customer mix, with continued growth potential either as owner operator or with excellent investment potential providing a yield of circa 7.5%

The site extends to over 500 Sq meters and is constructed over 3 floors. All works during its extensive half million Euro reform were fully authorised, and approved by the local authority and overseen by Baldrich - Tobal Arquitectos

The property was reformed under the supervision of its owner through 2008/9, and was conducted to the highest of European standards which becomes self-evident throughout and provides for low ongoing maintenance costs

As the establishment seasonally closed for vacation, late Fall 2015, the owners circumstances changed and a decision has been taken to dispose of the asset as he is returning to the United kingdom.

A significant refurbishment had already been planned for the establishment during that period in reediness for its re-opening in Spring 2016.

The owner has committed to those works which having concluded, now provide for an enviable opportunity to any potential purchaser as it delivers a “Turn Key” opportunity for the new prospective occupiers.

The established customer base of the surrounding affluent community, along with tourism from the neighbouring Senator Banus Spa and Marriott hotels reinforces the establishment’s revenue stream
The sale includes all intellectual rights of the trading name, internet and communications

The restaurant, when opened in 2010 was hailed as a unique oasis nestling in the Mediterranean cost in the community of Benamara, it fast became the latest addition to Marbella’s glamourous culture

The terraces were designed to provide the ideal place to melt away the lingering Mediterranean afternoons and the vibrant bar culture those evenings brought. The lush open-air oasis of fountains, mosaics and reflecting pools allows its guests to drink, dine or simply relax in its informal atmosphere that is as unique as the Building itself.

The stylish fusion of space has been designed to cater for all, from the front terrace adorned with its imposing white washed walls with mirror reflective glazing, Italian tiling and the warmer textures of the decking, to its chic glazed balustrading.

The “kids club” terrace is to the rear, and even the big kids have their own sports terrace to ensure that tranquillity is preserved for all

All in all, the building provides a stylish ambience, with a sleek and modem approach for today’s discerning clientele, whether to partake in a light snack or signature cocktail, it delivers for its diverse mix of local residents and global visitors alike.

The appetite with an abundance of traditional restaurants brought about a time for change when it opened. The Lite menu allowed for its clientele to partake in just a light snack through to the traditional Sunday Brunch, and even some fusion of the Orient into the late nights and small hours of the extended Mediterranean summer evenings, all served up with a professionalism and passion that become as synonymous as the building itself.

The simple but well-presented eclectic menus provided for excellent gross profits with emphases on the service and dining experience through the buildings appearance and design, as opposed to costly back of house expenditure

A specialist crustacean display & serve area for those local seafood enthusiast was also developed and incorporated into the imposing bar structure, proving to be well received.
The venue boasts quality of construction and an alfresco lifestyle, at its very best . . . .
(less is more on these two pages – Photos are the essential parts of this, I will work on them once we can establish the space available)

Summary

Terraces
All terraces have been replaced to a high standard and covered in either Italian ceramics or decking, stylish lighting system with glass balustrades to the front elevation mosaic water features to entrance and side terrace along with winter awning enclosing 45 square meters of additional dinning for the winter season, all underground drainage and sewage systems have been replaced
Allows for 80/90 guests seated with separate lounge/sofa area for 45 guests and sports terrace and child's play area,

Bar/Restaurant
Modern granite bar with restaurant seating for 50 guests, soundproofed for music licence, solar reflective window system with sound reflection glass internally, ducted for air conditioning, CCTV, Alarm, Fire Alarm, fully compliant commercial kitchen (Gas) with walk in refrigeration

Disabled Compliance
Constructed with full compliance, dedicated ramp to the rear of site, Disabled Cloakroom facility, alarm monitored

Lower Ground Floor
Approached via steps from the terrace passing the pool plant room and beer cellar, leading through to the toilets - Italian tiles and mosaics throughout, comprising, Staff toilet WC & Hand Basin – Ladies toilets two cubicles to include automatic WC`s and Bidets with vanity area, Gents Toilets twin sinks and urinals with separate cubical WC with Bidet - Plant room housing all water supplies, desalination plant, commercial water softener supplying entire building – door leading to additional basement space used as a dry storage area providing additional development opportunity - all basements have industrial mechanical ventilation

Staff Accommodation Unit
There is an external access from the street to a self-contained staff unit which has its own bathroom, air conditioning and provides for overnight accommodation

First Floor - The Apartment
Reformed in 2016, two double bedrooms, master bathroom, guests cloak room lounge/dining room with new kitchen and utility area – the apartment is accessed by its own independent external staircase

Funding available from UK owner for UK based purchaser
Tenure: Freehold

Downloadable Documents

Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

PAX01180814472
Seller Reference:
Bookmark and Share
You May Also Like...
loading...