For Sale: Leasehold - Unique Opportunity! Well established bar great location, Costa Teguise 220,000€ Property Reference [1791]

Leasehold - Unique Opportunity! Well established bar great location

Costa Teguise Lanzarote

  • Terraced Commercial
  • Terrace

[approx £190,740]

A unique opportunity to purchase a well established bar in the best available location in Costa Teguise.

Same owner for over 20 years and showing fantastic profits, being now offered for sale unfortunately due to ill health.

Over the last 20 years the bar has been constantly improved to accommodate the changing market and client needs. These now include a state of the art matrix TV audio system, with the facility to show 7 different football games on 7 different 55”-60” HD TV's.

Seating for 62 inside and 27 outside, which can be increased subject to the correct legislation.

During the owners tenure the bar has been continually modernised and upgraded, using only the best quality materials and equipment. These include a recent new working kitchen with new tiling and appliances. A new rewire with complete new fuse board including power surge/fire protection.

The premises are protected by a sophisticated alarm system and internal/external CCTV.

Costa Teguise has the most beautiful beaches in Lanzarote. The island receives over 3.2 million visitors each year, providing a continual supply of clients to the resort with its all year round season.

This turn key bar requires absolutely no further investment, its goldmine position guarantees investment return in a very short period of time.
Property Reference: 1791
Bedroom: Various
Bathrooms: 2
Pool: None
furniture: yes, Fully furnished
lift: None
Garden: yes, Terrace
Parking: None
built area: TBA
plot area : TBA
maintenance fee p.a. : TBA
rates p.a. : TBA
bin collection fee p.a. : TBA

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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.