Adeje - Freehold Bar/Restaurant Ref: Finder 755T

  Area: South
Tenure: Freehold
Price: € 330,000
(approx £ 226,719)
Other:
Rare freehold opportunity.

A ‘Freehold Bar/ Restaurant’ located just meters from the entrance to the famous ‘Barranco del Infierno’, a lush, green ravine attracting 1,000’s of visitors and walkers marveling at it’s stunning beauty and vegetation.

The premises are detached, and situated on a steep, hilly road mountains views. Quite large inside with a total floor area of 182m2 but distributed on different levels including the stairways and hallways.

Bar, saloon and kitchen areas at pavement level (sort of). Well equipped bar with display gantry & shelving all constructed in timber, 11 bar stools. Another 14 seatings to the saloon with wooden table and chair furnishings.

Upper dinning level with 10 wooden tables and 45 chairs. Windows to three sides with views. Beautiful, rustic décor throughout with terracotta effect flooring, ‘old’ yellow paint effect walls, wooden beamed ceilings.

An electrically operated ‘dumb waiter’ connects between the two floors for transferring food & drinks.

Equipment includes 2 ‘Kalise’ ice cream freezers, 2 chest freezers, 2 chest freezers, 1upright freezer, 2 bottle chiller cabinets, a fridge, dishwasher, coffee machine, coffee mill, display for tapas, oven, four ring hob unit, grill, microwaves, extractor fan, electric till, etc, and music centre piped around the different areas.

35 mts2 store and bathroom area,plus staff changing room and shower.

The lady owner says she is taking 650€ daily with a 65% profit (remember this is a freehold,no rent to pay) from a90% tourist trade.

COMMENT:

Bank mortgage facilities with low interest rates are normally available on ‘freehold’ premises up to 60% valuation. We can help with this if required.
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