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Family restaurant in Es Cana FOR SALE - PRICE REDUCED - BARGAIN

Agents Reference : A00031
Listing Type: For Sale / Commercial
Property Type: Business
Price: EUR 126,000
Location: Es Cana Santa Eulalia
Year Built:
Lot Size (square metres):
Size (square metres): 131
Bedrooms -
Bathrooms -
Features: Air Conditioning, Storage Room, Terrace
Submission Date: 11-17-2009
Last Update: 01-23-2012

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Agent Details: R&R Ibiza Property Search Agents
Company Name: R & R Property Agents
Phone Number: 971319831
Fax: 971 319831
Mobile Phone: 654087803
This is a British run family restaurant situated in the resort of Es Cana on the road to the hippy market. The restaurant was establish in 1989 and has been run by the current owners since 1996. The restaurant has the category dos tenedorbi (2 forks) and has a trespaso indefinida (life time lease). The restaurant has a good regular clientele ( both locals and tourists) with the bulk of the business in the evenings, but there is definitely scope to increase day time trade as the current owners have not fully exploited this due to their pending retirement. The restaurant comprises a bar/lounge of approximately 85 sqm, consisting of a bar area and restaurant of 50 covers. The lounge has air conditioning and the bar is equipped with fridges and beer coolers. Just off the lounge is a ladies and gents toilet area. To the rear is a fully equipped air conditioned kitchen measuring some 18 sqm with adjoining store rooms and staff toilet totalling 28 sqm. At the side of the property there is a terrace with covers for 28 people. This terrace is ventilated by a system of mist and fog. In addition there is a further terrace at the front which has 20 covers. The restaurant is to be sold with all equipment and furnishings included. The current rent of the property is 750 euros per month and the price of the trespaso (lease) is 265,000 euros.

Price Reduced from 265000 euros to 126,000 euros




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