Tenant in Place | 10-Year Lease | 1st Line Beachfront

This is a rare opportunity to acquire a freehold commercial property in a prime beachfront location, with a stable and long-term rental contract in place. Positioned directly on the promenade and just steps from the beach, the premises enjoy excellent visibility and high foot traffic from both local residents and international tourists.

Key Investment Highlights:

• Freehold Title – Fully owned commercial unit
• Excellent Location – First-line beach, surrounded by hotels and apartment complexes
• Long-Term Lease – Rented to current tenant with 10-year contract (2 years elapsed)
• Stable Income – Monthly rent of €2,150
• Attractive Return – Immediate rental yield with potential capital growth
• Future Upside – Area earmarked for new hotel and apartment development nearby

Property Description:

• Total Interior Size: 75 m² (approx.)
• Indoor Seating: Space for approx. 20 people
• Outdoor Terrace: Large terrace with capacity for 50 guests, plus additional bar seating for 15–20
• Bar & Kitchen: Fully equipped with large internal bar area, cold-display unit, and prep space
• Toilets: Two original restrooms plus an additional newer, accessible toilet
• Condition: Well-maintained; minor cosmetic improvements (e.g., paint) may enhance appeal

Current Operation (By Tenant):

The property is currently operated as a stylish lounge and cocktail bar, with a focus on quality snacks and an inviting atmosphere. Historically known for its excellent cocktails and food, the venue has evolved into more of a lounge-style bar, retaining its high standards and regular customer base. Operating hours during the summer extend until 01:00 AM, with a quieter, music-free setting permitted until 02:00 AM due to apartments located above. The bar does not operate as a disco or nightclub, maintaining a relaxed and family-friendly environment.

Investment Considerations:

• High visibility and reputation; no direct competition nearby
• Repeat customer base from tourists and locals
• Beachfront commercial premises are consistently in demand and rarely become available
• Potential for tenant buy-out or traspaso discussions, subject to agreement and local legislation

Viewing Arrangements:

This is a confidential investment sale. Interested parties should not approach the premises directly. All viewings must be arranged through Business Broker Spain.