Outstanding BARGAIN Buy Restaurant plus Apartment, available for freehold purchase and priced well below a very recent bank valuation! We are representing the motivated seller who has owned the property for 25 years.
Spacious fully licensed Bar Restaurant with a sizable light and airy refurbished 2 bedroom apartment situated directly above, with separate and internal entrances. A personal viewing is highly recommended to fully appreciate just what a tremendous value for money bargain this sale represents for a combined business and comfortable home either for owner operation or as a Buy to Let and as a sound investment for future property appreciation value.
Up until recently the restaurant was successfully operated by the same tenants for 6 years, the rental yield was approximately 14.400 euros per annum (not including the apartment). The restaurant, which is now currently vacant, could be re-opened and trade commenced immediately. It had for many years generated an international clientele from both the local community and from holidaymakers who rent villas and vacation properties in the area. Located on the outskirts of the booming seaside resort and working town of Fuengirola and nestling in the foothills of the stunning Sierra de Mijas mountains it is easily discovered but private enough to provide the most tranquil of settings for customers to really relax and enjoy a wonderful dining experience. This restaurant would ideally suit those that want to operate a business a short drive away from the hustle and bustle of town centre and beach life but close enough to savour the delights of the Costa del Sol.
The air-conditioned interior space offers two dining rooms and a separate bar area with seating ideal for pre and after dinner drinks, an open fireplace is rarely used but during our short winter period when it can get a bit chilly in the evenings this is a lovely feature certainly appreciated by the regulars. From the moment you enter this lovely restaurant, you are delighted and absorbed by the stylish ambience and traditional features.
Around 60 customers can be seated inside with patio doors opening the internal space out on to the restaurants fabulous outside private and romantic terracing with alfresco dining, a way of life here on the Sunshine Coast, this fantastic outside area has proved an extremely popular customer enticing space. A new upmarket and quality retractable sun awning costing almost 9.000 euros has recently been installed over the total terrace area, this ensures customers comfort even on the sunniest of Andalucian days.
There is a most professional, equipped kitchen facility that contains a new stainless steel extractor hood and motor, it is fully tiled and well ventilated. There is plenty of storage space plus a kitchen support room and even an office, in fact, this restaurant has all the ingredients that you could possibly require to facilitate the professional and smooth operation of a quality restaurant business.
The self-contained apartment has recently been refurbished and re-decorated, it is very light, bright and airy offering very comfortable accommodation, comprising 2 large double bedrooms, a walk in shower room with wc and hand basin, a large living room which gives access to a private rear patio and a separate entrance. There is a sunny balcony which overlooks the restaurants spacious terracing below. A second entrance accessed within the restaurant leads via a staircase in to the large fully fitted kitchen diner also with a lovely sunny balcony. Air-conditioning is fitted in the bedrooms and living room.
There is private parking to the rear of the property.
Available for only 307.500 euros, well below a very recent bank valuation. To arrange a viewing please contact us at KS Costa Estates.
Is accommodation included?:
Refurbished Apartment directly above
Support and Training:
We offer you full support
Very close to Fuengirola