Spanish Commercial for Sale in Marbella - Malaga - Ref 617630
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Commercial Description
The premises of this beautiful restaurant were chosen due to its central and historic location as it is situated in the heart of the Old Town of Marbella, a few steps away from the delightful Orange Square, the Town Hall and a five minute walk to the beach. The old town of Marbella is very picturesque with its cobbled streets, flowered terraces and churches. There is also a large variety of shops which ensures a transit of people including residents and tourists. There is quick access in all directions which makes it a prime location to attract customers after working hours and for leisure.
Opened/established in July 23rd 0f 2008 the premises underwent an extensive reformation for one year. The property was in a state of severe deterioration.
The current owners have respected the originality and history of the building and its structure; original wooden shutters that open onto the cobbled street below and exposing the natural red brick on the staircase and brick alcoves lit by candles. As tradition, flowers have been placed on the terraces. The building is approximately 100 years old. Inside, the interiors are a mix of modern white sofas and chandeliers.
The restaurant area has a capacity for 30-40 tables. As the tables are small in size it gives the freedom to combine and move them depending on the bookings. Target clientele is a medium to medium high.
The concept of the restaurant was to create a stylish but relaxing place for cocktails, creative â??tapasâ?ť or dinner, with occasional live jazz nights, special tasting menus and art and photography exhibitions. The total cost of the reformation (including new company etc.) was approximately 197,000 Euro.
This restaurant is the only establishment offering a restaurant, lounge bar, and art and music under one roof â?? an innovative concept. (Note: possibility of including the terrace). The architecture and decoration of of this restaurant is unique compared to other restaurants giving it a competitive edge. The establishment already has a recognized name.
The restaurant is 100 m2. 70% to the public. Maximum capacity 60-70 people, 35-45 seated in the restaurant and 22 in the lounge. Distributed in one long hall that communicates with the bar, kitchen, staircase to deposits and bathrooms. Two bathrooms: one for men and one for women.
The Terrace is 100 m2. It has two deposits/storage/office rooms + terrace space. This area is unexploited and has enormous potential. It is estimated a maximum of 30-50 persons can be seated. Open terrace is estimated to be in use from spring to autumn. The terrace can however be closed off with windows and heaters during the winter months which would provide an even greater income.
Licence: Restaurant
Type: Leasehold
Length of lease: 4 year renewable
Rent: Currently set at 2,300 Euro per month
Terrace Tax: 0
Community charge: 0
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€82,500 | £69,024 | US$109,626 (Currency and Foreign Exchange services supplied by  )
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| Type |
Commercial |
| Build Size |
100 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Map of Marbella, Andalucia, Spain
Towns located close to Marbella, Spain
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Price: €82,500
Latest Property News in Spain
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Price of Property in Marbella, Spain
| (All prices in EUR) |
Marbella |
Marbella |
Marbella |
| Apartment/Flat |
25,000 |
85 |
7,000,000 |
25,000,000 |
495,000 |
220,000 |
| House/Villa |
259,000 |
300 |
35,000,000 |
119,500,000 |
1,650,000 |
420,000 |
| Townhouse |
129,000 |
129 |
1,350,000 |
6,360,000 |
520,000 |
250,000 |
| Business |
162,000 |
500 |
695,000 |
175,000,000 |
900,000 |
324,400 |
| Land/Ruins |
200,000 |
3,500 |
16,000,000 |
44,000,000 |
1,595,000 |
300,000 |
| Rural |
2,100,000 |
27,500 |
2,100,000 |
4,500,000 |
- |
435,000 |
| Other |
298,000 |
40 |
1,325,000 |
21,000,000 |
271,000 |
216,000 |
| Penthouse |
165,000 |
56,000 |
1,550,000 |
2,300,000 |
1,150,000 |
660,000 |
| Studio |
65,950 |
24,000 |
197,500 |
299,000 |
165,000 |
165,000 |
| Commercial |
4,482 |
4,000 |
8,800,000 |
54,000,000 |
80,000 |
221,000 |
| Bed and Breakfast |
3,452,145 |
295,000 |
3,452,145 |
3,452,145 |
- |
- |
* Calculations based on 1368 properties for sale in Marbella and 69928 properties for sale in Spain |
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