If you have a desire to become local bar owners, this may be just the business for you. This property offers the opportunity for a relatively low start-up operation in a prominent main road position. Almerida is a thriving coastal tourist centre with visitors from Scandinavia, United Kingdom, France and Germany plus increasing interest from Poland, Estonia and Lithuania.
The premises are within 500m of the coast and whilst currently operating as an upmarket bar, could equally be altered to a tea room, sweet & cake café or ice-cream parlour. The bar has recently been refurbished in a country style with comfortable and colourful cushioned chairs for the courtyard style external seating area. Local all year round trade has been established, boosted by visitors during the summer season. The owner serves light snacks & drinks from 12:00 daily. The bar is approximately 45sqm internally with a courtyard of 30sqm. In addition there is a basement with storage area plus toilet. Seating for up to 50 people is possible. The owner currently has a clean 24 hour licence to sell alcohol. Kitchen equipment includes drinks fridge, ice freezer, 4 larder fridges and microwave
The current owner has been trading profitably and has recently added large Plasma screens and satellite service to extend the trading season, which is proving very successful.
Margins are purported to be good with minimal outgoings. Monthly rent 650 euros pcm with an estimated bill of 100 euros per month for electricity.
Full information can be provided on application.
Lease, fixtures and fittings 28,000 euros plus agents fees, transfer tax and legal expenses