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Quality Professional Restaurant In Fuengirola For Sale

Fuengirola, Malaga
Asking Price:
€110,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Quality International Restaurant. Fuengirola.
Prime position on the most famous Street of Fuengirola Resort.
At the time of writing, there are no other restaurants, of this size, available to lease and this beautifully decorated and presented property is a true bargain not to be missed.
This business has incredible interior atmosphere and is one of the largest restaurants on this famous, and ever-popular, entertainment streets of Fuengirola.
The restaurant occupies a superb central position on this, the most visited night time dining area noted as offering the finest selection of bars and restaurants in Fuengirola.
This location is crowded with tourists and locals from noon until well into the early hours of the morning with all the terraces of bars and restaurant packed!
This purpose-built International Restaurant, presently specializing as a luxury Steak House, lends itself to any type of cuisine especially a quality Fish Restaurant where it would have no competition.
Seating in the interior for more than 100 customers plus the seating around the large serving bar.
The business has the advantage of a superb commercial kitchen, the largest of any on the street!
The cocktail bar area offers another area for clients to study the extensive A La Carte menu it also serves as a quality late night, after dinner drinks meeting spot!
The double terrace that fronts the restaurant can seat a further thirty-six and is an ideal location for clients wishing to enjoy the vibrant life of the many locals and holidaymakers that fill the area every evening, walking the full length of the street viewing the huge choice of quality dining venues while they consider where to take dinner.
The central location enjoyed by this restaurant results in the owner having a high percentage of the tourist trade plus he has many local residents who return regularly.
A five year, fully renewable, lease-contract is offered at 1500 Euros monthly rent.
The business is being sold in full operation, all suppliers are in place, brewery, wine, fish, and meat, and we arrange the legal transfer paperwork within 48 hours.
Fully furnished, decorated, and with all new kitchen machinery at the price of 110,000 Euros.

Property Information

Real Estate:

Lease

Lease Terms:

1500 Euros monthly of a five year fully renewable lease.

Location:

Top position on the resorts busiest entertainment street.

Premises Details:

Double fronted, highly visible, extremely large interior.

Business Operation

Reasons for selling:

Not provided.

Trading hours:

Bars and Restaurants hold legal licenses to open to the public from 07 AM until 02 AM.
An extra hour is permitted at weekends until 3 AM
Owners are not obliged to open their premises throughout these hours but can choose their preferred working hours.
Most restaurants open for lunch trade then take a three hours siesta and open from 19.00 until late.
This owner opens from 11 AM until 16.00 then opens from 18.00 until late.

Employees:
Owner operated with sesonal staff.
Years established:
22

Other Information

Support & training:

All help and assistance offered to new owners including introductions to suppliers and regular clients.
Our agency arranges all legally required paperwork including the NIE & Spanish Residential Documents.
The Spanish government has confirmed that all UK subject owning a business and working in Spain will be allowed to remain after Brexit.

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