This well placed cafe bar, is located in a very busy area of Fuengirola, a four minute walk from the marina of Fuengirola. The current owner has been trading here for 5 years and built a very popular community trade as well as tourist trade.
It enjoys an outside large terrace area, sun soaked till late in the day, shaded by umbrellas if required. A five minuet walk from the Fuengirola train station & Bus Station, large amount of hotels, apartments & Restaurants surround this cafe bar.
INSIDE AREA
Well stocked bar area, offering local draught beers, full range of spirits & Bottled beers. A 90 Mt area with plenty of seating, and a cosy area & a full size pool table plus games on the gaming machine, Darts board .
Has a Hot & Cold Kitchen licence.
OPENING
Currently only opens in the evenings from 5pm till 2am 7 days a week. Current licence opening hours 8am till 2pm so you can increase your income potential if so desired.
RENT & TAXES
Current monthly rent is set at €1,500 plus 21% IVA
This includes a €7,200 deposit to the landlord, which is a very big plus.
Terrace taxes. There are 2 levels relating to this payment.
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If you live in Fuengirola community the outside terrace tax yearly is €1,100
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If you live outside Fuengirola community outside terrace tax yearly €1,500
Rubbish collecting tax is around €300 per year
EXTRA INCOME
The pool table & gaming machine monthly, Owner will advise on this and day to day sales during viewing.
We highly recommend viewing this commercial property as we don’t think it will be available very long, at this attractive price of €39,950.
INFORMATION! THE DETAILS AND DESCRIPTION OF THIS BUSINESS IS BASED SOLELY ON THE INFORMATION OUR COMPANY HAS RECEIVED FROM THE SELLER / VENDOR OF THE BUSINESS. OUR COMPANY STRONGLY ADVISE ALL OF OUR CLIENTS NOT TO ENTER IN TO ANY AGREEMENTS FOR ANY BUSINESS WITHOUT HAVING ENGAGED THE SERVICES OF A LEGAL REPRESENTATIVE WHO WOULD COMPLETE A DUE DILIGENCE PROCESS ON THE SAID BUSINESS AND REVIEW THE NEW LEASE AGREEMENT CONTRACT FROM THE FREEHOLD OWNER TO ENSURE THAT THE TERMS AND CONDITIONS ARE FAVOURABLE AND FAIR TO BOTH PARTIES AND COMPLIANT WITH SPANISH LAW.