Los Gigantes - Marina Bar / Restaurant Ref: Finder 1045T

  Area: South
Tenure: Leasehold
Term: 5 Yrs Renewable
Rent: € 1,202 per Month
(approx £ 826)
Price: £ 99,000
(approx € 144,099)
Other:
Easy to run, delightful location.

This delightful ‘Bar / Restaurant’ is situated on the marina at Los Gigantes, one of the most picturesque resorts on the island.

Altogether there is seating for around forty-four people, inside and on the pleasant terrace in front of the bar. The furniture is comfortable and this is a perfect place to sit, shaded from the sun, sipping a cool drink while watching the world go by. From the terrace there are stunning views of the boats bobbing in the marine and the famous cliffs ´The Giants’, from which the resort gets its name.

The present owners specialise in ´tapas’, that is, traditional Spanish snacks and they also serve English food. As they have a young family they have opted to work only in the daytime and the bar is closed at weekends. Even with these relatively short opening hours this is a profitable business and there is clearly scope for development.

At the back of the bar is a large, professional kitchen, fully-fitted in stainless steel and more than adequate for the preparation of any kind of food.

COMMENT:

The price of this business has recently been reduced and we feel that it now represents extremely good value for money in a ´cannot go wrong’ location.
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