Popular bar for sale in Torviscas..

Sorry this property is now sold, but we also have these commercial properties for sale in Tenerife. The current owners of this bar/restaurant have run the business for the last 21 years and now feel that it is time for some new blood to step in. As is normal here in Tenerife, there are more tables outside than inside. With 10 tables inside and 25 outside, this well run business serves drinks and cooked food all day and in the evening there is always some form of entertainment. It will really take someone with some great ideas and a passion for keeping customers happy to continue to run this business as successfully as it has been for the last 21 years. The bar currently has a 14 year lease and has a fixed monthly rent, this rent will increase by 25% for the final 10 years of the lease. We have been assured that the lease can be extended again. There is a fully fitted kitchen with stainless steel appliances with commercial sized fridges and freezers. The bar has all of the required licences and this is one of only a handful of bars in Tenerife that has it’s own purpose built cold room. This cold storage room is also totally soundproofed. The business has male and female toilets and also a disabled toilet and baby changing facilities. There is a karaoke machine, an internet system for customers to use and the bar has it’s own satellite dishes for UK television and various televisions. Although the owners want to sell, they are not going to drop the business like a hot potato when it is sold. They have said they will remain for a limited time to assist the new owners to settle in and get to understand the running of the business. As mentioned earlier, the business is very successful and well respected not only by the customers, but also highly recommended by some of the tour operators in the local hotels. The new owners will need a passion for customer service and also to have a forward thinking attitude to maintain the ever increasing, returning customer base. The owners have also agreed that they will include the famous name of the business within the price. The price is very competitive which includes the traspaso along with the fixtures and fittings.

Property Ref. No.: 404
Price: €199.995
Town: Torviscas Bajo
Post Code: 38660
Interior M2:
Exterior M2:
Bedrooms:
Bathrooms: 3
Furnished: Yes
Community Fees: TBA

Views: N/A
Pool: No
Terraced areas: Yes
Balconies: No
Garage or Parking: No
Garden: No
Closest Beach: 5 minute walk
Local Restaurants: Walking distance
Year Built: TBA
Energy Rating: