Playa Paraiso - Cabaret / Entertainment Bar Ref: Finder 1068T

  Area: South
Tenure: Leasehold
Term: 5 Yrs Renewable
Rent: € 2,250 per Month
(approx £ 1,546)
Price: € 130,000
(approx £ 89,314)
Other:
Prominent location, large terrace with views of surrounding area towards the sea.

This highly acclaimed ‘Cabaret / Entertainment Bar’ is set in Playa Paraiso, an up and coming resort situated along the coast from Playa de las Americas. Occupying a large area on the main strip towards the beach, surrounded by hotels and apartments.

The bar itself measures approximately 120 square metres and has a seating capacity of up to 100, plus the bar standing area. There is a large terrace of approximately 90 square metres to the front of the bar, with seating for around 50 people, pool tables and views of the surrounding area, towards the sea.

They have a good size kitchen and a large bar area to keep the hungry punters fed and watered.

The clientele is predominantly British, and they are entertained every night by a compere and an assortment of live acts with the state of the art audio system and disco lighting to complete the show!
Entertainment is also provided on any of the 9 TVs (one of which is a 42” plasma) sport fixtures, soaps and Big Brother!

COMMENT:

The current owner has had 4 profitable and happy years there but needs to retire due to ill health.
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