Business for sale in Fuengirola, Málaga

Premium cocktail bar in fantastic pedestrianised location in centre of Fuengirola

Ref: 3472

Fuengirola has evolved beyond its traditional image as a summer resort and is now one of Costa del Sol's most dynamic year-round destinations. The town combines a substantial permanent population with international residents, holidaymakers, second-home owners and visitors from across Europe and increasingly, the world. It sits on the Mediterranean and has approximately 8 kilometres of coastline with an extensive beachfront promenade, creating a natural flow of residents and visitors between the beach, hotels, restaurants, retail and nightlife. The city also offers an impressive range of attractions, events and leisure activities, including the Paseo Marítimo, Sohail Castle, Bioparc and major concerts and festivals.

An exceptional opportunity to acquire a stylish and upmarket cocktail bar in Fuengirola. This beautifully presented hospitality business offers the perfect combination of business potential, lifestyle and location, making it an attractive proposition for an experienced hospitality operator, entrepreneurial couple, or international buyer looking to establish his mark on the Coast.

Designed around a sophisticated yet welcoming atmosphere, the bar has created an appealing destination for customers looking to enjoy quality cocktails, drinks and social occasions in stylish surroundings. The concept lends itself particularly well to Fuengirola's increasingly diverse clientele, attracting both international visitors as well as a strong local/resident customer base.

The 70m2 interior has capacity for 24 customers plus another 20 on the 10m2 pedestrian terrace. With a glass frontage as well as a big glass side panel, it is bright yet intimate at the same time due to its warm wood and earthy colours, featuring the bar as centrepiece where everyone gravitates to for their cocktails and other drinks. At the end of the bar is a cold kitchen where light snacks are prepared, where there’s a sink, coffee machine, fridge, microwave and a deep freezer are installed. The bar is fitted with fridges, a dishwasher, 2 beer taps and a computer till. Glasses, beer mugs and bottles of spirits are neatly displayed on shelves at the bar, bathed in soft ambience lighting. The bar can accommodate up to 6 with another 8 high tables with comfortable leather chairs and high stools.

The terrace has 2 illuminated retractable toldos (awning) providing shade and lighting where customers can mingle late into the night including winter where 2 electric warmers are deployed.

This well-positioned bar along 1 of the busiest streets in the heart of Fuengirola generates trade not only during peak summer months but throughout the year with high number of residents. There are 2 established hotels in its vicinity, many shops, cafes, restaurants and the Plaza de la Constitution just steps away. This enviable ecosystem attracts customers to come and relax, dine, celebrate, socialise and enjoy themselves - precisely the environment where a quality cocktail-led concept can thrive.

A 5-year renewable lease is available which is currently subject to a monthly rent of €1,530 inclusive of IVA. Note that first month’s rent plus 6 months rent as deposit and 1 month’s rent as agency fee will be required.