Leasehold Bar in Arroyo de la Miel, Benalmadena, Costa del Sol

This excellent leasehold bar in Arroyo de la Miel has many features.

It is located near the centre of Arroyo de la Miel on a main road, with a car park nearby and bus stops within a few metres

It is the only bar in a small strip and is surrounded by restaurants.

The bar is very spacious and can comfortably seat 60 people indoors. Additionally it has a very large private terrace (no terrace tax payable) which can comfortably accommodate 40 people. The terrace includes a barbecue area and a pool table. The terrace is south-facing and gets sunshine throughout the year.

The property also has a large kitchen and two toilets.

Included in the sale is a one bedroom apartment on the premises.

To the rear of the property is a small private terrace/patio area.

The leasehold is the old-style Spanish lease which means that rent cannot be increased beyond the rate of inflation.

The present owners have been in the bar for over six years. The bar enjoys a very strong regular clientele as well as a very good passing trade.

The potential for this bar is virtually unlimited and the price of 161,600 euros (approx 108,000 sterling) represents really good value for a bar of this size

Additionally, the monthly rent is very reasonable at 657 euros.

When you consider that the normal rent for a one-bedroom apartment in the area is around 500 euros, for a purchaser who intends to live in the included apartment, the true rental cost of the bar is less less than 200 euros per month.

The bar is being sold with all fixtures, fittings, furniture and kitchen equipment.

Summary

• Building 100m2
• Terrace 66m2
• Includes a one-bedroom apartment
• Price: 161,600 euros
• Monthly rent: 657 euros
• Terrace tax: Nil

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