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Property for sale information

 
Business For Sale in Playa del Ingles, Gran Canaria  
Reference nr: 92388
Description:

One of the most popular bars in the Jardin del Sol shopping centre (Playa del Ingles) with a good reputation for food.

LEASEHOLD: Rent: 3,593 euros/month



Good size terrace (84m) with seating for 44.



Double doors provide a wide entrance to the covered terrace (57m). This has the popular carvery in one corner and large plasma TV in the other.



There is seating for 42 plus 9 bar stools. The carvery has a granite worktop and large bain maries on 2 sides. The decor is very down to earth with orange walls, wood panelled ceiling and one wall features a row of wooden stakes.



The air conditioned main bar (106m) is protected by metal stutters when the bar is closed. The decor is similar to the covered terrace.

There is seating for another 40.



The bar service area (9m) has a granite counter and has 4 beer pumps, freezer, glass washer, till and plenty of storage.

At the far end is a pool table and large plasma TV.



Fully tiled toilets: small lobby (.54m) with basin, mirror and 2 cubicles each 1.16m with wc.



Storage area (7.8m) at the top of the stairs with 4 tall display freezers, double pizza oven, double deep fat fryer and 3 chiller cupboards with stainless steel worktop. At the back is the staff toilet (3.9m) with washing machine.



Kitchen (21.9m): fully tiled in grey and equipped with double stainless steel sink with drying rack, dishwasher, tall chiller cabinet with 4 cupboards, small chest freezer, 3 microwaves, single sink with foot operated water supply, plancha / griddle, 6 burner gas hob with oven under, double deep fat fryer, extractor and stainless steel worktops. There is direct access to the carvery area and a serving hatch to the main bar area.



There is a huge basement (116m) which is divided into 5 areas. The main area is used as a traditional cellar.



This is a popular bar / restaurant with a good reputation – making it a business well worth looking in to for anyone who is keen to build on the bars present success.

Bedrooms: Bathrooms: Price (€):
0 (studio) 90,000
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 Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria
 
Calculators

 
Property price: €90,000
 

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