UK BUSINESSESRestaurant For Sale - Mallorca
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Asking Price: €75,000 (leasehold)
• All Year Round Trade
• Very Low Rent
• Good Profit Margins
• Ready to Trade
This well known pasta and pizza restaurant is situated in the historic centre of Manacor, the second largest town on the island of Mallorca. The restaurant is located in a delightful old town house with high ceilings and plenty of character. The business benefits from good take-away trade, as well as diners eating in. There is a small stage within the restaurant which could be exploited for live music events to enhance the business further. There is also a large basement storage area.
Manacor is the second largest town in Mallorca and is just 40 minutes drive to Palma. The restaurant of 95m2 comprises seating for in excess of 40 diners, with an open-plan, well equipped kitchen. The restaurant also has a small stage for special events. There are two client bathrooms as well as a staff bathroom with shower. There is a small store, two air conditioning units and ceiling fans. There is a further large storage area of 45m2 in the basement.
The restaurant is offered for sale on a leasehold basis. The current lease is for 10 years, with 7 years remaining. The current monthly rent is 600 euros.
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.
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