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Property for sale information

 
Business For Sale in Puerto del Carmen, Lanzarote  
Price: € 95,000
Mortgage & ROI calculators »
Type: House
Country: Canary Islands
Lanzarote


Reference nr: 132521
Description:

Estupendo offer this fantastic business for sale as Sole agents.The business is 3 x locals in size with a total area of 250m2.The business has a bar/restaurant licence but Live music can be added as this has been already in place for the previous bar owner.The current owners run the business from 11am daily untill 1pm but these hours could be extended if required.The business benefits greatly from its ground floor location next to the high footfall area of the Strip of Pdc and has the added bonus of a large terrace area for clients to Chill Out.The business comes complete with all fixtures and fittings including a fantastic kitchen area and full satellite system.This business has many options as either a large restaurant,bar and restaurant or with a Live music licence added it could be a great Irish or themed bar.The size and potential of this business has to be seen to be appreciated and it has been sensibly priced for a quick sale.

Bedrooms: Bathrooms: Price (€):
0 (studio) 95,000
Features:
Submission Date:
10-05-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Business For Sale in Puerto del Carmen, Lanzarote
 
Calculators

 
Property price: €95,000
 

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