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ORA435

Algorfa
125,000 €
  • Beds
  • Baths
  • 70 m2
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Building detail

Amenities of Property : Aircondition, Split system, Golf course, Kitchen, Unfurnished,
Type of Property : Bar

FREEHOLD ON LA FINCA GOLF

Extremely successful business history spanning almost 15 years (currently not trading)

Fantastic opportunity for someone to purchase the Freehold of this once, super successful
business – the first bar to open at La Finca nearly 15 years ago.
The business was built and created by the current Freeholders and was operational up to 10 weeks ago. It will take very little effort to re- establish it’s usual client base, with many residents waiting for and anticipating a return to the long standing social "hub" of La Finca

Facts:
Opened Dec 2006
Won award as Best Cafe Bar 2011 (local media award)
Leasehold sold in 2018 has now lapsed
Full trading figures available to 2018
Currently not occupied, but an outstanding opportunity for either of the following:
Purchaser of Freehold to continue with the success of this business story, working within the business… or ……
Purchaser to create a leasing contract to suit the current market, but at the historical monthly rent of €1000 . A superb return on investment.

Approx 70sqm inside (30 covers) and approx 20+ sqm outside terrace ( 30 covers)
Community fees approx €500 annually
Kitchen , 2 bathrooms, utilities = water and electricity

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