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Commercial Up for Sale in Torremolinos > Malaga > Andalucia > Spain - Ref 618055

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Commercial Description

This very well known bar has been with the same family for the last ten years in which time it has built up a great trade and reputation. The owner has 10 years of accounts to show the success of this business.

The bar is located in one of the best parts of the coast, the famous Carihuela, on a very busy pedestrian street full of shops, so the bar has a lot of passing trade all year round. Popular with holidaymakers who visit the area year after year, and they always come back to this bar.

Although small, the front, sunny terrace can seat 14 people. The bar is second line back from a fantastic beach.

Inside, the bar has the feel of an English pub, more than just a bar. The main area is bright, clean and very well arranged with a mixture of fixed and table seating for 40 people. The tables and chairs are wooden and the fixed seating is comfortably cushioned.

There are 3 TVs, which connect to 5 different satellites so all the football matches can be seen at once and the TVs sound is connected to speakers which creates a great atmosphere when the games are on. The bar is fully air conditioned and also has plenty of fans. There is a pay phone and a fruit machine.

The serving bar has 6 bar stools, a wooden top and a thatched styled roof. There are overhead glass holders, a 3 door cooler, 2 sinks, till, music system, microwave, freezer and a fridge. The bar has a large working area and is well organised. The back wall has wooden shelving for the display of spirits.

There is a small kitchen just off the bar which is equipped with a sink, 2 gas rings, a toaster, 2 microwaves, a dishwasher and a fridge/freezer. Snacks and meals are served throughout the day and night.

The ladies and gents toilets are clean and very easily accessed towards the back of the bar.

There are 4 members of the family working here and the owners employ 1 member of staff, 3 days of the week.

Licence: Bar

Type: Leasehold

Length of lease: 5 year renewable

Rent: Currently set at 1,134 euros per month

Terrace Tax: 400 euros per year

Community charge: None

Reduced by £25,000 for a very quick sale due to illness

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€110,000  |  £92,032  |  US$146,168
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 618055 
Town Torremolinos 
Region Malaga 
Province Andalucia 
Country Spain  
Type Commercial
Category Re-Sale  
Listed over 1 year ago
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Map of Torremolinos, Andalucia, Spain


Towns located close to Torremolinos, Spain

  • Pinos De Alhaurin   • Benalmadena
  • Torremuelle   • Torrequebrada, Benalmadena
  • Torrequebrada   • Alhaurin De La Torre
  • Benalmadena Costa   • Arroyo De La Miel
  • Puerta Marina Benalmadena   • La Carihuela


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Price: €110,000

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Purchase this Commercial in Torremolinos for

€215p/m

(70% LTV, 3.4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Torremolinos, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Torremolinos Spain Torremolinos Spain Torremolinos Spain
Apartment/Flat 110,000 85 350,000 25,000,000 303,000 220,000
House/Villa 525,000 300 1,540,000 119,500,000 531,000 420,000
Townhouse 182,000 129 417,000 6,360,000 395,000 250,000
Penthouse 162,000 56,000 625,000 2,300,000 - 660,000
Studio 45,000 24,000 95,550 299,000 - 165,000
Commercial 7,950 4,000 530,000 54,000,000 - 221,000

* Calculations based on 64 properties for sale in Torremolinos and 64780 properties for sale in Spain




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