+34 695 83 11 40·+48 519 041 112·info@cdhluxury.com
← Back to search
El Faro

Restaurant — El Faro

Available
€280,000
2Bathrooms
131 m²Built area
72 m²Terrace
1989Year built

Description

FANTASTIC BUSINESS/INVESTMENT OPPORTUNITY! WE ARE PRIVILEDGED TO OFFER FOR SALE THE BAR AND RESTAURANT KNOWN AS FROG & CO IN LAS FAROLAS. THE BUSINESS IS CURRENTLY OPERATIONAL AND PROFITABLE WITH IMMENSE OPPORTUNITIES TO EXPAND AND GROW THE BUSINESS FURTHER. WITHIN A 300m CATCHMENT AREA THERE ARE CURRENTLY IN EXCESS OF OVER 500 NEW HOMES ALREADY IN CONSTRUCTION WITH ADDITIONAL PROJECTS IN THE IMMEDIATE VICINITY TO FOLLOW SOON. IT IS ALREADY IN AN EXCELLENT LOCATION IN A POPULAR RESIDENTIAL AREA WITH GOOD ACCESS AND COMMUNICATION LINKS AS IT IS SITUATED LESS THAN 200m FROM THE MAIN A7. THE BUSINESS ITSELF HAS LITTLE COMPETITION IN THE AREA AND IS AN ESSENTIAL ELEMENT OF THE LOCAL COMMUNITY YET STILL WITH THE ABILITY TO CAPITALISE FURTHER ON TURNOVER THROUGH INCREASED OPENING HOURS OR DIVERSIFYING THE BUSINESS OFFERING,PERHAPS WITH A MINI-MARKET OR SIMILAR. THE PREMISES BRIEFLY COMPRISE OF 3 COMMERCIAL UNITS, TWO OF WHICH FORM THE BAR AND RESTAURANT. THESE ARE DISTRIBUTED AS A COMMERCIAL KITCHEN, CUSTOMER TOILETS (DISABILITY COMPLIANT), FULL BAR AREA, INTERIOR SEATING, COVERED TERRACE AND A LARGE SUNNY EXTERIOR TERRACE. THE THIRD UNIT IS CURRENTLY USED AS A VERY LARGE STORAGE AREA, HOWEVER, THIS WAS UTILISED SOME YEARS BACK BY A PREVIOUS OWNER AS A MINI-MARKET AND REPRESENTS A SUBSTANTIAL AREA FOR BUSINESS EXPANSION EITHER THROUGH DIVERSIFCATION OR TO PROVIDE MORE COVERS FOR THE BAR/RESTAURANT. IT IS RARE FOR SUCH BUSINESS OPPORTUNITIES TO COME TO MARKET AND THIS IS A RELUCTANT SALE BY THE CURRENT OWNERS. THIS IS WITHOUT DOUBT A SUPERB OPPORTUNITY TO ACQUIRE ‌A ‌FREEHOLD ‌GOING ‌CONCERN ‌WITH SIGNIFICANT IMMEDIATE GROWTH ‌POTENTIAL ASWELL ‌AS HAVING A ‌DEFINITE INCREASE ‌TO ‌CONSUMER ‌NUMBERS ‌IN THE IMMEDIATE VICINTY ‌OVER ‌THE ‌NEXT ‌12 ‌MONTHS ‌AND ‌BEYOND.

Setting

Close To ShopsClose To SeaUrbanisation

Orientation

South Facing

Condition

Excellent Condition

Climate Control

Air Conditioning

Views

Street Views

Features

Covered TerraceNear TransportPrivate TerraceSatellite TVStorage RoomWood FlooringDisabled AccessBarFiber Optic

Furniture

Optional Furniture

Kitchen

Fully Fitted Kitchen

Garden

Communal Garden

Utilities

ElectricityDrinkable Water

Category

BargainInvestmentResale

Location

El Faro, Costa del Sol, Málaga, Spain

Summary

ReferenceR4152283
TypeCommercial / Restaurant
AreaCosta del Sol
TownEl Faro
Energy ratingE
IBI tax€535 / year
Ask about this property Call: +34 695 83 11 40
Enquiry

Ask about this property

We reply within one business day. Your message reaches us with this listing's reference, so there is nothing to copy over.

You are asking about: R4152283 — Restaurant — El Faro

Want to see it in person?

We will arrange a viewing — on site in Spain or online.

Book a call