Bar / Cafe for sale in Benalmadena
This long established Bar is offered for freehold sale by the British owner. The price is probably the lowest available for a freehold licensed bar in this part of the Costa del Sol that you will find today.
It has been leased out for much of the time the present owner has been the landlord, about 8 years, returning him approximately 6,000 euros per annum plus taxes, making it a very sound and viable investment opportunity for either occupation or to continue to rent out. An owner also receives participation revenue if a tenant sells on their lease.
Property appreciation value, which has recently shown good signs of growth in southern Spain, would also be realised by a new owner. For a full property description please see our leasehold advert under reference CBL2366.