Commercial: Bowling and Games Centre in the Heart of Costa Teguise, well established business.
Ground Floor Commercial75,000€[approx £63,450]
Property Reference: 1079
Bedroom : Various
Pool : None
furniture : yes, Fully furnished
lift : None
Garden : None
Parking : None
built area : TBA
plot area : TBA
maintenance fee p.a. : TBA
rates p.a. : TBA
bin collection fee p.a. : TBA
This business is superbly located on the main road leading to the beach in Costa Teguise. It is in the most popular tourist area of the resort.
The main revenues come from the popular 4 lanes fun 10 pin bowling alleys, and additional profits are through electronic games, pool tables, and sales of food and drinks.
The venue has entertainment for adults and children, and is especially popular with families on holiday.
The bar also features full satellite TV coverage, and is popular for UK and European football matches.
The large shaded terrace has seating for 30, and features a giant TV as well as sea views.
Revenues from this well established business are consistently high, and the profit margins are exceptional.
LOCATION: Costa Teguise is Lanzarote´s family resort, with a fabulous selection of bars, shops and restaurants, a golf course and water park. Las Cucharas beach is world class with all facilities and a sheltered bay area. Scuba diving and windsurfing are the most popular sports. There are both international and local schools in the resort, and Arrecife is only 15 minutes drive away.
The bar is centrally placed on the busiest tourist road in the resort, and benefits from substantial levels of passing trade, as well as repeat business.
This information is provided for guidance: it does not form any part of a contract.
We have taken care in the preparation of this information; however, we do not accept responsibility for any inaccuracies. We recommend that any purchaser should use the services of a reliable and independent solicitor.