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Property for sale information

 
Business For Sale in Playa Blanca, Lanzarote  
Reference nr: 35308
Description:

GENERAL DESCRIPTION:

Investment opportunity. Transfer of business and premises. Currently being run very successfully as an English sports bar/restaurant with a great location looking out over the ferry harbour with exceptional views of the sea and neighbouring islands. The premises are of a good size including all new facilities and fixtures and fittings. Large outside terraces. Large fully equipped kitchen and store room. Good possibility for a young couple looking to invest.



More Info: Transfer of business and premises that consists of: Fully fitted and furnished English bar/restaurant, transferred as a functional business. Transfer fee of 150.000 Euros with monthly rental payments of 4.000 Euros plus community fees, water and electricity. The rental lease is a contract of 10 years. Brand new kitchen. All electricity recently up dated and re installed. Double glazed windows – possibility to have live bands. Sky television.

Built Area: 160 m (+ terraces)



DESCRIPCION GENERAL:

Inversión. Traspaso de un negocio y el local. Actualmente esta funcionando con mucho éxito como un bar/restaurante ingles con buena situación en planta alta con vistas del muelle, el mar y las islas cercanas de Fuerteventura y Los Lobos. El local es de un buen tamaño incluyendo todo el mobiliario nuevo y completamente equipado. Fuera hay terrazas grandes. Cocina grande y equipada con almacén de buen tamaño. Buena oportunidad para una pareja joven buscando una inversión.



Mas info.: Traspaso de un negocio y el local que consta de: bar/ restaurante Ingles, completamente equipada y amueblada y totalmente en función. El precio de traspaso son de 150.000 Euros con una mensualidad de 4.000 Euros de alquiler con la comunidad, luz y agua a parte. El contrato de alquiler es de 10 años. Cocina completamente nueva. Sistema de luz recientemente renovada y re instalada. Cristales dobles – existe la posibilidad de tener grupos de música en directo. Satélite TV.

Construidos = 160 m (+ terrazas)

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 150,000
Features:
Submission Date:
10-04-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Business For Sale in Playa Blanca, Lanzarote

Business For Sale in Playa Blanca, Lanzarote

Business For Sale in Playa Blanca, Lanzarote

Business For Sale in Playa Blanca, Lanzarote
 
Calculators

 
Property price: €150,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations