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Commercial in Malaga - Propertyshowrooms.com - Ref 623562

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Commercial Description

This established and successful bar is in the very popular resort of Montemar, Torremolinos. The owners have built up a good trade over the last 12 months and feel ready now to do something different.

The split level terrace can easily seat 26 people and there is a top canopy.

Inside is 125m2 in size, tastefully decorated and fully equipped with 2 big projector screen TVs and 2 TV sets showing all the sports. There is a raised stage area with a full lighting set and a full karaoke system. This bar also has a a pool table in its own area, a dart board and a pinball machine. Lots of seating inside including soft sofa seating and a mixture of high and low tables to sit at.

The serving bar is a good working size and behind is well equipped with a coffee machine, a 4 door cooler, glass washer, wine rack and a music system. The back wall is illuminated glass shelves for the display of beers and spirits on offer.

The large kitchen comes fully equipped with 4 gas rings and an oven, 2 fryers, a hotplate, 2 sinks, 2 microwaves, a tall fridge freezer and a chest freezer. The kitchen has good extraction.

The ladies and gents toilets are very easily accessed in the bar.

The sale of this bar includes over 5,000 euros worth of sound equipment, including a double CD deck with mixer, equaliser, music system for live acts to plug into, and the karaoke machine.

This is a very big café bar and would be ideal for a family to run.

3 Purchase options. Leasehold, freehold including lease or freehold with tenant.
Licence: Cafe Bar
Type: Leasehold or Freehold
Length of lease: 10 year renewable
Rent: Currently set at 1,000 euros per month
Terrace Tax: None
Community charge: 27 euro per month inc. water
Reduced by £31,000 for a very quick sale
Reduced leasehold Price: 30,000 Euros
Freehold Price: 430,000 Euros (inc. Lease) or 390,000 Euros as an investment freehold with tenant

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€30,000  |  £24,906  |  US$39,822
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 623562 
Town Malaga 
Region Malaga 
Province Andalucia 
Country Spain  
Type Commercial
Build Size 125 
Category Re-Sale  
Listed over 1 year ago
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Price: €30,000

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Purchase this Commercial in Malaga for

€59p/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 Malaga, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Malaga Spain Malaga Spain Malaga Spain
Apartment/Flat 79,000 85 2,500,000 25,000,000 545,000 220,000
House/Villa 55,000 300 12,950,000 119,500,000 336,500 420,000
Townhouse 189,950 129 750,000 6,360,000 365,600 250,000
Land/Ruins 127,080 3,500 475,000 44,000,000 - 300,000
Rural 199,000 27,500 449,000 4,500,000 - 435,000
Other 95,000 40 154,050 21,000,000 130,000 216,000
Garage 15,000 7,999 15,000 2,208,719 - -
Penthouse 695,000 56,000 995,000 2,300,000 - 660,000
Studio 50,000 24,000 87,500 299,000 - 165,000
Bungalow 65,000 450 65,000 1,350,000 - 91,000
Agricultural 75,000 75,000 599,000 8,000,000 - -
Finca 199,000 15,000 998,000 5,000,000 - -

* Calculations based on 275 properties for sale in Malaga and 71324 properties for sale in Spain




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