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Commercial in Malaga (Spain)

€30,000  |  £27,563  |  US$44,010
(Approximate currency conversions supplied by HiFX - Currency Specialists)
This commercial for sale in Spain is located in the town of Malaga, Andalucia. The current asking price is below EUR 40,000. For more information regarding this commercial please fill in the details form on the right-hand side of the page and you will be contacted shortly.

Ref 623562 
Town Malaga 
Region Andalucia 
Type Commercial
Category Re-Sale  
Listed 56 days ago
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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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Real Estate Agent

Property listed by 1Casa Homes in Spain  

(View all properties from this agent).

Map of Malaga


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 220,000 16,000 2,500,000 15,500,000 545,000 220,000
House/Villa 70,000 1,100 140,000,000 140,000,000 336,500 420,000
Townhouse 144,000 12,000 1,350,000 1,890,000 365,600 250,000
Land/Ruins 92,250 15,000 165,000 7,500,000 - 300,000
Rural 675,000 27,500 675,000 8,500,000 - 435,000
Penthouse 199,000 75,995 199,000 3,950,000 - 660,000
Commercial 9,000 9,000 750,000 13,500,000 - 221,000

* Calculations based on 102 properties for sale in Malaga and 28205 properties for sale in Spain