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Bar for Sale

La Oliva
€ 650,000
No walls
700 m²

Note

Listing updated on 09/26/2024
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: BAR_120

LEASEHOLD BAR & RESTAURANT - PRIME LOCATION, EL COTILLO

An unparalleled opportunity to acquire a thriving bar and restaurant in the most coveted location of El Cotillo, Fuerteventura. Situated front-line with breathtaking sea views, this well-established and highly popular venue enjoys a fantastic reputation, attracting both locals and tourists year-round. Known for its exceptional ambiance and high turnover, this business offers everything you need to continue its successor to add your own personal touch.

Created by a renowned local businessman, this two-story establishment is fully equipped and ready for immediate operation. With a newly fitted kitchen, fridges, and all necessary equipment included, you can take over seamlessly. The property boasts spacious chill-out zones and expansive terraces, perfect for enjoying the spectacular ocean views.

Key Features:
Prime front-line location with stunning sea views
Two floors with a total capacity of 300 people (200 on the lower level, 100 on the upper)
Fully furnished and equipped, including a new kitchen and bar area with a storeroom
Expansive chill-out zones and terraces
Solar panels installed (18kW) for energy efficiency
10-year lease at a competitive rate of just €4,000 per month
Disabled access and compliant facilities, including bathrooms
Popular with both locals and tourists, ensuring consistent footfall
Opportunity to continue its current success or add your unique touch
This leasehold property is a turnkey business, offering a rare opportunity to step into one of El Cotillo's most successful venues. Whether you're looking to maintain its current status or elevate it further, the potential is limitless. Full financial details are available to demonstrate the business's performance, and negotiations are welcomed.

Contact Canary Islands Estates today at (email hidden) or call + (phone hidden) for more information, to arrange a viewing, and to discuss how you can make this fantastic business your own!
#ref:BAR_120
Features
Contract
Sale
Type
Commercial activity | Without walls
Surface
700 m²
Other features
  • Furnished
Price information
Price
€ 650,000
Price per m²
929 €/m²
Energy efficiency

Emissions of CO₂

Not specified

Discover every corner of the property
+30 photos
Additional options

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