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Good Value Commercial in Malaga > Andalucia > Spain - Ref 623566

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Commercial Description

Irish themed cafe bar for sale in Montemar, Torremolinos, located on the main road from Benalmadena to Torremolinos. The lease and freehold is being offered on this business.

The front terrace offers sun and shade and currently has seating for 16 people, with room for more, if required.

Inside the cafe bar is 65m2 and nicely decorated bar. There are double doors that open fully to make the bar very bright and welcoming.

The present owner funs the business as an Irish bar and has a great décor with mirrors and pictures around the walls. There are 3 low wooden tables to sit at and long wooden shelves with tall stools along each side.

The serving bar has 6 wooden bar stools and behind is equipped with a sink, cash register, music system and 2 x 2 door bottle coolers. There are all the usual beers and ciders on tap as well as a good selection of bottled beers and spirits.

The spacious kitchen is just to the side of the bar and equipped with 2 sinks, an oven, 2 microwaves and a tall fridge freezer. There is a large serving hatch from the kitchen.

There is a very large storeroom which is currently used to keep stock but could easily be converted for other uses.

The ladies and gents toilets are very easy to access within the bar and the ladies has been adapted for wheelchair users.

This would be an ideal first bar if you are new to the business and would suit a single person or a couple.

The bar is being offered for sale freehold and there is an opportunity to acquire the lease for a very reasonable price.

Licence: Cafe Bar
Type: Leasehold & Freehold
Length of lease: 25 years
Rent: Currently set at 800 Euro per month
Terrace Tax: None
Community charge: None
Leasehold Price: 40,000 Euros
Freehold Price: 214,500 Euros

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€40,000  |  £33,466  |  US$53,152
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 623566 
Town Malaga 
Region Malaga 
Province Andalucia 
Country Spain  
Type Commercial
Build Size 65 
Category Re-Sale  
Listed over 1 year ago
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Price: €40,000

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Purchase this Commercial in Malaga for

€78p/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 277 properties for sale in Malaga and 71317 properties for sale in Spain




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