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- Stylish and Distinctive Cocktail Bar & Restaurant in Palma

Sale Price:
€ 150,000
Rent Price:
€ 1,300
Referenz Nummer:
Commercial / Investment
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures as you wish.

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Referenz Nummer: 3506
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The impressive wooden doors open into a small 'lobby', where you go through floor-to-ceiling glass doors and into the heart of this business and the expectations do not disappoint.  Recently refurbished, the interior is an eclectic mix of fresh modern feel with cosy traditional furnishings, including an enormous mirror, huge chandelier and terracotta flooring.  There is bench seating along one wall opposite the bar and a cosy nook on the other side.  The bar itself is fully equipped with a range of bottle fridges, under bench fridges and cabinets, music system, coffee machine, glass washer etc and has bar stools all along it - these quickly fill up, as one of the specialities is the selection of cocktails on offer.
To the rear of the premises is a newly installed kitchen, again completely equipped with extractor, oven, 4-ring hob, fridge freezers, dishwasher and microwave.
There is a 'minstrel gallery' to the rear of the bar and the staircase leads to another cosy chill-out area with fabulous 2- and 3-seater Chesterfield settees and this area only adds to the inviting ambience of these premises.  Off this area, you will find male and female washrooms and a storage area.
The business itself opens all year round and every day, except Sundays.  Opening hours are 11 am - 2 pm and then 5 pm to late (and even later on Fridays and Saturdays) and serve full English breakfasts, filled baps and toasties during the day and good home cooked food like lasagne, spaghetti bolognese and a range of some 18 different burgers at night.  There is capacity for around 45 covers and the clientele is largely made up of international yachties and a faithful English following.
COMMENT: This business would be ideal a couple who have experience in the hospitality industry and we strongly recommend viewing a business where money will be made from day one.
Other Details:
Rarely do businesses of this calibre come on to the market - so this is a wonderful opportunity to buy a stylish restaurant located in the heart of the trendiest part of the capital city.