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Los Gigantes - British Style Pub + Restaurant
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Ref: Finder 739T
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Area: South
Tenure: Leasehold
Term: 12 Yrs Renewable
Rent: € 1,100 per Month
(approx £ 756)
Price: £ 169,000
(approx € 245,987)
Other:
Very well known, high earnings.
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High earnings British style ‘Bar + Pub Grub’ located in one of the most beautiful resorts to the whole island. Busy situation opposite the main supermarket and church square surrounded by other successful businesses.
Floor area of 100m2 with customer seating areas comprising 15 tables with 2 chairs each, perimeter bench seating to three walls, plus six bar stools. Neatly decorated with wooden furniture and shelving, bar area totally built in bricks adding a rustic style to the premises.
Karaoke stage with lighting, karaoke machine, music system, 6 TV’s and a large ‘plasma’ screen drop down TV (not cheap), computer game, glass washer, upright freezer, 2 three door bottle chillers, coffee machine, coffee mill, 3 x satellite systems, air conditioning, etc.
50m2 kitchen and storage with 3 microwaves, double chip fryer, hob, grill, 2 ovens, sink, speed rail, stainless steel working surfaces and sinks. Three further freezers to the store room.
Clients cloakrooms.
High earnings reported by the owner. Current opening hours are from 9am through till 1am the following morning (with an afternoon siesta from 3pm to 6pm), 7 days a week.
COMMENT:
Seems at first glance to be pricey given the size of the premises, but then given the location and ‘if’ the owners reported takings/profits can be verified this could be a real opportunity to earn serious money for a long time to come, meanwhile recouping your investment very quickly.
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