Bar For Sale - Costa Blanca North

Ref.

SP2004L

Asking Price

472,500 EUR ( £365,148) *

Business Type

Bar

Region

Costa Blanca North

Build

117m²

Plot

0m²

Type of Purchase

Leasehold

Lease Term

7 Years

Monthly Rent

2,450 Euros

Interior Size

117m2

Years Established

3 Years

Entertainment System

Yes

Air Conditioning

Yes

* Prices in sterling may change according to exchange rates

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Asking Price: € 472,500 Leasehold

• Town Centre Location
• Expandable opening hours
• Much Sought After Location
• Very Popular Resort
• Annual Takings €500,000 plus
• Unexploited Daytime Trade
• New 7 Year Lease
• Very High Quality Bar Fit
• For sale due to other business interests

Located at the heart of a very high quality and popular town on the Northern Costa Blanca, the business is situated within a busy street approximately 200 meters from the beach. Presently the business trades from mid afternoon until the early morning, there is considerable scope to expand or change these hours with a greater emphasis given to day time service.

As might be expected, the premises trade as an Irish theme pub and are fitted out accordingly.

Fully fitted to a very high standard in an Irish theme comprising wooden floor and panelling throughout. The premises comprise 117m2 of internal area are the only bar in town with a live music licence. Fully air conditioned with additional cooling to the bespoke Guinness cellar located to the rear of the premises within a good sized store room.

Further accommodation comprises of ladies and gents toilets and a good sized store room to the rear.

Whilst the present owners do not operate any outside terrace, there is a good sized area to the front of the premises that will take approximately 8 tables if desired.

Presently, the current owners open seven days per week from 3pm to 3am, scope exists however to expand the business with the introduction of a earlier opening and a daytime service.

The premises are available with the benefit of a new renewable 7 year lease at a monthly rent of €2,450.


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 RTA.

RTA 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.