Frontline Café Bar on Fuengirola Seafront With Direct Sea Views

  • Leasehold Price: €65,000
Fuengirola, Malaga, Spain
Seller Ref:3032
For Sale

Frontline Café Bar on Fuengirola Seafront With Direct Sea Views

Fuengirola, Malaga, Spain
Seller Ref:3032
  • Leasehold Price: €65,000

Overview

Seller Ref: 3032

Description

Situated right on the seafront in Fuengirola, opposite the beach with direct sea views. There are several other bars and cafes nearby as well as many apartments and hotels within a few minutes’ walk. The area is well known to be busy with local expat residents and tourists alike.

This well-established business has excellent reviews on TripAdvisor and is consistently rated within the top 1-2 percent of restaurants in Fuengirola having a rating of 5 out of 5. It currently operates from 9.00am to 4.00pm serving high quality breakfasts lunches and snacks but opening hours could easily be extended to increase profits.

Unfortunately, the owner’s health has suffered recently and therefore the business must be sold.

The property was subject to complete renovation about 4 years ago and is offered in excellent order throughout.

The front door opens into the bar area which is tastefully decorated, and has a timber ceiling, modern wood effect floor tiles, feature lighting and large wall mirrors.

The bar itself has a beer tap, drinks fridges, shelving for bottles and glasses etc. a store cupboard, cash till and coffee machine.

The Kitchen is well fitted with stainless steel appliances including a five burner hob with oven under, twin fryers, a plancha (grill), extractor, sink, fridges, freezers, and microwave oven. The preparation areas are also stainless steel, and the walls and floor are fully tiled. There is a serving hatch opening to the bar.

The terrace has retractable ides and ceiling making it usable all year being closed in the winter and open in the summer and it has a mist system for warm summer days. Additionally, there is an open terrace for further tables and chairs.

In total there is around 50m2.with 40 covers and space for an additional 9 inside.

There is a 5 year renewable lease which is currently subject to a monthly rental of 1.224€ (which will increase to 1300 shortly) and an annual terrace tax of 2.500€ (terrace tax is reduced considerably if the owner of the business also resides in Fuengirola) and an annual community charge of 600€.

This really is an unusual opportunity to acquire a business in this location with such a good reputation. It is ideal for a couple to run together with an additional member of staff being required in the high season.

Important Notice.

If you are thinking about buying a business, always make sure you use a genuine and professional agency.

Mind Your Own Business is a fully Insured and fully legal SL (limited) Company specialising only in commercial estate agency and business transfer.

You can visit us in our offices before, during or after the purchase of your business, to discuss your requirements and we can also assist with any difficulties that may arise, based on over thirty five years’ experience in the business.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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