Fantastic Bar Located in Town Center

  • €379,999

Description

This popular bar is just a few meters away from the main street and is in the central area of Santa Ponca. The business was established in 1990 by the current owner and is popular with tourists of all nationalities, locals and the growing population of ex-pats. Unlike a number of bars in the area, this one stays open all year round.

Open from 11.00 am to 4.00 am in the summer months and from 8.00pm to late during the winter, the bar serves drinks only at present; however could certainly serve bar snacks, sandwiches etc. with ease.

The business is fully licensed as a category Bar 2B and is completely debt-free. The main floor of the bar has almost 140m2 of interior space and is capable of accommodating over 60 customers. The bar itself runs down one side of the premises and has a full range of bar equipment, including a brand new glass washer, bottle fridges, music system and more.

Downstairs, you will find a further 160m2 of space with a smaller bar area, two storerooms, plus male and female washrooms. The large floor space could easily be transformed into a gaming room. Or alternatively, there is sufficient space to install a kitchen should the new owner wish to serve food.

Outside, the sunny terrace is large enough to seat over 30 customers with enough room left over for a pool table.

The building itself has steel doors for security after hours and all areas equipped with an automatic lighting system.

The bar is a destination for people looking to relax but is an important part of the winter pool and darts leagues which helps to provide steady business all year round.

This is a consistent and solid business in a fantastic location, easily run by two, making it an ideal starter business opportunity. If you are considering a bar in Mallorca this should definitely be a consideration of yours.

Freehold Property
Fully fitted
Stock valued at time of sale
Financial details released upon inquiry
Handover included in sale

Address

  • City Santa Ponca
  • State/county Mallorca
  • Area Balearic Islands
  • Country Spain

Details

Updated on April 25, 2024 at 10:28 pm
  • Property ID: BIZBAL8074FSP1
  • Price: €379,999
  • Property Size: 332 sqft
  • Land Area: 166 sqft
  • Bedroom: 0
  • Bathrooms: 2
  • Property Type: Bar, Bars and Restaurants
  • Property Status: For Sale Freehold

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Property details are supplied by the property owner and are a guide only. All details should be verified with the owner and we recommend using legal representation when purchasing any business.

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