Fiesta Property Commercial Real Estate

Restaurant for sale Fuengirola Costa del Sol Spain

Fiesta Property are probably the leading agency on the Costa del Sol for commercial sales and especially cafes, bars and restaurants on the Costa del Sol, Spain.

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Restaurant for sale in Fuengirola

Refurbished to the Highest Standard! - REDUCED BY 10,000€

This double fronted restaurant boasts 81 square metres of outdoor terrace with a further 36m2 of indoor dining, with the possibility to extend to 68 square metres.The bar is fully stocked with a triple bottle cooler, champagne and wine fridge, double group coffee machine, water softener, beer pump, separate glass washer, storage above and below. The professionally designed kitchen of 22 square metres has a separate washing up area equipped with a double sink and a commercial dish and pot washer. The main area consists of three preparation areas, a six-burner cooker with under storage, a double fat fryer, a lava rock grill, a convection oven and a wall-mounted Salamander. There is also a three-metre wide six door upright cold storage, a chest freezer and an upright freezer. Extraction is via a 3.5 metre long canape with baffle grease filters.The entire kitchen can be viewed from outside via a large observation window which is an atttractive feature. Next to the kitchen there is a separate store room of 24 square metres which is currently used as a dry store. This store area could easily be converted into a traditional pizza kitchen to complement the existing Italian menu. The interior dining area houses hand-made tables from India and rattan chairs. There is adequate storage space and an upright wine chiller. This space has consent from the Landlord to be doubled in size. This room is enhanced by two ceiling fans from California and a central chandelier from Murano in Venice. The toilets have recently been converted to accommodate DDA access legislation. The outdoor terrace is privately enclosed by a selection of colourful plants and olive trees and the main entrance is glazed. The roof of the terrace has recently been replaced with 40mm thick insulated aluminium panels which, during the hot summer months, provides welcome shade from the scorching sun. The outdoor furniture consists of aluminium and teak chairs and tables and a separate lounge area with sofas and coffee tables. The current vendors are pleased to offer a three-month warranty on the catering equipment found in situ. Also, the Cordon Bleu chef is willing to remain active as a consultant for a short period after the sale has completed. During the short period since opening, this restaurant has already built up a regular clientele with an average spend per head of 25 to 30 euros. This sale will consits of a transfer of ownership of the Company ´SL´, the current owner of the Lease. Such a prospect will greatly facilitate the transfer of Sale and eliminate the need to re-establish a new Company at an approximate cost of c. 2000 euros. The current Lease term is 15 years, with the option to renew, on a fixed Rent of 1300 euros per calendar month. This Rent is fixed FOR TEN YEARS. At the start of year ten, the Rent will be reviewed and must fall in line with current market value of comparable properties in the area. There is an additional terrace tax of 2200 euros per annum relating to the double exterior terrace. The reluctant sale of these premises is due to partnership difficulties.


79.000 Euros - (approx £62.275)


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