Measurements: Currency:

Sale Property Details

Huge, Live Music Bar at Exceptional Price

Property Ref: F031

This huge music bar is situated on a corner position in a very busy area of Fuengirola. Established over many years the bar is widely known for its live entertainment, karaoke and live sports almost every night of the year. The bar has a very strong regular clientele from the local community throughout the year and its terrific positioning plays a major part in attracting huge crowds from the influx of tourists who visit this very popular resort.

The interior of the premises is approximately 150 sq mts and has a traditional British bar feel with a touch of Spanish style. Seating Booths, High tables, formal seating and chill out chairs all compliment each other. The serving bar is very well equipped with numerous imported draught beer taps, a large well stocked gantry, multiple refrigeration units and good storage.

The bar can easily accommodate 70 persons seated comfortably with room for a further 50 persons standing, there is a raised stage area surrounded by seating, two separate pool table areas, two dart boards and multiple flat screen televisions which show all major sports events continuously.

The bar is so popular with the locals that two pool teams and two darts teams are entered in the major leagues, assisting in keeping the bar full throughout the cooler winter months,

Whilst the bar is currently operated as a wet bar only there is huge opportunity to expand the business to provide food, with minimal investment in equipment, a snack / pub menu could easily be offered, or a full extended menu for a larger investment.

Premises of this caliber are few and far between, the location, positioning, size and full entertainment license are all extremely attractive, this combination would normally attract a massive premium; however the current owner is relocating abroad in the near future and has set a very aggressive price of only 58,000 Euros for a quick sale. Even considering today’s soft market this price should be considered ridiculously low.

The lease being offered is for five years with a secure ongoing renew option, rent of 3000 Euros per month may be negotiable.

Features

  • Sale Price:  58,000 Euros
  • Type of purchase: Music Bar
  • Monthly Rent: 3,000 Euros
  • Interior Size: 150 m²
  • Interior Seating: 70
  • Terrace Size: 100 m²
  • Terrace Seating:: 70
  • State/Province: Malaga
  • Location: Fuengirola
  • Click for Google Map
    of Fuengirola
  • Features
    • Air Conditioning
    • Heating
    • Alarm System
    • Cable/Satellite TV
    • Terrace