Premium New development

Bar for sale

La Oliva, Fuerteventura, Canary Islands, Spain

£371,563 *  [€450,000]

Bar for sale

La Oliva, Fuerteventura, Canary Islands, Spain

£371,563 *  [€450,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


  • Double Glass

Full Description


An unparalleled opportunity to acquire a thriving bar and restaurant in the most coveted location of El Cotillo, Fuerteventura. Situated front-line with breathtaking sea views, this well-established and highly popular venue enjoys a fantastic reputation, attracting both locals and tourists year-round. Known for its exceptional ambiance and high turnover, this business offers everything you need to continue its successor to add your own personal touch.
Created by a renowned local businessman, this two-story establishment is fully equipped and ready for immediate operation. With a newly fitted kitchen, fridges, and all necessary equipment included, you can take over seamlessly. The property boasts spacious chill-out zones and expansive terraces, perfect for enjoying the spectacular ocean views.
Key Features:
Prime front-line location with stunning sea views
Two floors with a total capacity of 300 people (200 on the lower level, 100 on the upper)
Fully furnished and equipped, including a new kitchen and bar area with a storeroom
Expansive chill-out zones and terraces
Solar panels installed (18kW) for energy efficiency
10-year lease at a competitive rate of just €4,000 per month
Disabled access and compliant facilities, including bathrooms
Popular with both locals and tourists, ensuring consistent footfall
Opportunity to continue its current success or add your unique touch
This leasehold property is a turnkey business, offering a rare opportunity to step into one of El Cotillo's most successful venues. Whether you're looking to maintain its current status or elevate it further, the potential is limitless. Full financial details are available to demonstrate the business's performance, and negotiations are welcomed.
Contact Canary Islands Estates today at (email hidden) or call + (phone hidden) for more information, to arrange a viewing, and to discuss how you can make this fantastic business your own!
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This property listing (ref: BAR_120) is an advertisement supplied by Canary Islands Estates and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8257 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.