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Playa Paraiso - English Style Pub
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Ref: Finder 695T
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Area: South
Tenure: Freehold
Price: € 320,000
(approx £ 219,849)
Other:
Up and coming resort, rare freehold opportunity.
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Traditional ‘Olde Worlde’ English style pub located in the fishing village of Playa Paraiso, one of Tenerife’s fast growing resorts.
Outside terrace patio of 30m2 with 10 tables. Large frontage with Georgian style painted door and window sets.
Beautifully decorated to the inside. Premises are 68m2, fully furnished and well equipped, including fridges, freezers, beer draughts, coffee machine, microwave, TV, DVD, karaoke, CD’s.
Downstairs leads to another 68m2 suitable as a games room, including a full size pool table. There is also a small storage room to this floor and two ladies and gents cloakrooms.
At the moment, the bar is closed but all licenses and permits are in order, and so ready to re open immediately. When last open, takings were reported to average 900€ (£630) per night.
COMMENT:
Rare Freehold oportunity. Bank financing normally available up to 60% valuation.
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