Restaurant/Bar for sale in Benalmádena, Málaga

Offered at a bargain price these 2 licensed Freehold Bars will offer an astute investor the opportunity to receive high rental returns, estimated to be in excess of 9% per annum. The seller requires a quick sale hence the low asking price. Both licensed bars, one currently used as an office, are located side by side in a large pedestrian square surrounded by holiday let and residential apartments and other businesses. With vacant possession a new owner has the opportunity to receive an immediate ROI by selling leases on both properties, estimated value 25.000€ plus, with combined annual rents forecast at circa 21.500 euros. Property 1 – 40m2 licensed Bar with a 50m2 terrace area, currently used as an office but can easily be returned to a drinks bar. This property has been leased previously with a rent of 900 euros per month. Property 2 – 50m2 licensed bar with a small kitchen. This bar is sold fully equipped. 50m2 terrace area. This bar has been leased previously with a rent of 1.200 euros per month. Do not miss this fantastic opportunity.