Bar - Freehold - Magaluf Price: € 68,500 Rent: € 0 Tenure: Freehold

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Bar - Freehold - Magaluf
Price: € 68,500
Rent: € 0
Description
Two independent Freehold family ‘Bars’ to the centre of this incredibly popular British resort with a large terrace area between
them. Sold as a pair, however upon two deeds, with separate utilities and licenses. Can be operated independent or knock
through the walls to make as one large bar.
Both previously well known, one as a themed sports bar, the other a TV themed business, both directed at families offering a
safe and friendly environment to families with children and those wanting to be off the manic main streets. Both units known to
operate a winter trade having been popular with the local ex-pat community for reasonable prices, pool / dart leagues and
friendly chat.
Both units have identical proportions of 65 m2 each, double width entrance doors and a bright sun canopy. Bar & serving area
to one side, both offer air-conditioning, satellite installations, equipped bar and independant snack areas. The terrace totals
approximately 300m2 which has been split in the past between the two rental units.
Unit 1 - TV themed, is in basic condition, all operational, grey ceramic tiles, furnished with director chairs, round tables, some
basic bits and bobs.
Unit 2 - Sports themed but more a blank canvas, completely reformed, interesting cave styles tiles, large bar area, mirrored,
snack area with stainless steel equipment, shower some basic kitchen items. Includes french bistro tables and chairs, plus
teak terrace furniture.
Units can be leased out at 600-800 euros a month each, plus a large security deposit.
Storage is included on the terrace area, completely secure and independent from bars.
Unbelievable price, owners after many years as landlords have now left the island for new ventures and the bars are the last of
their assets. Looking for a clean and swift sale thus a far reduced price. Finance would be available via Spanish banks.
Tenure: Freehold
Ref: 3251
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