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Successful business with mostly 5-star ratings in platforms like Trip Advisors, etc. Currently offering sophisticated Mediterranean and International Cuisine. Live music/DJ on weekends. Very popular with both local and international wedding parties and other private celebrations or events. Large fully fitted professional kitchen. Located on the coast 10 minutes from Marbella´s Old Town. Adequate street parking.
Seating: 150+ same-time covers between main room, bar, and club terrace, not counting the actual beach concession of 200 m2.
Fully functioning and recently refurbished
Year-round, 7/7 operation possible as there’s plenty of warm winter weather and tourism
Lease: 12 years remaining
Transfer of lease rights "Traspaso" 1.500.000€
Monthly rental 5.000€
Turnover in excess of 10.000€ a day during Peak Season,
Gross Profit in the area of 200.000€ annually if run full time, tightly and professionally
Lease Terms: 12 years left on lease, renewable by an additional 15 years
Lease transfer (traspaso) 1.500.000€ (This payment is typically Spanish, it gets returned by the next tenant the day you sell the business onward, so that in the meantime you must only add borrowing cost in the event this sum is financed in part or in whole.)
Leasehold Rent: €60,000 per annum
Location: Marbella Beach Front
Premises Details: Modern building with modern Mediterranean interior
12 years left on lease, renewable
Lease transfer (traspaso) 1.500.000€
€60,000 per annum
Marbella Beach Front
Modern building with modern mediterranean interior
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