Commercial for sale in Centro, Palma de Mallorca, Mallorca

Ref. BG1286 Bar/Cafeteria & Cocktail Bar for Sale

Palma Old Town | High-traffic strategic location

A bar/café and cocktail bar with a license is available for sale in one of the most strategic areas of Palma's Old Town. This location offers continuous foot traffic from both international tourists—including cruise ship passengers—and local residents, guaranteeing stable business year-round.

Premises of this type, due to their location, license, and terms, are currently difficult to find in the Old Town, where the market is very limited and genuine opportunities like this rarely come to fruition.

The business has a long-established clientele and a clear and versatile operating model, ideal for operators seeking a venue with a steady flow of customers and ample room for growth.

The license allows for continuous opening from morning until 11:30 p.m., making it possible to operate with different time slots and business lines:

Breakfast

Brunch

Lunch service

Tapas and afternoon snacks

Cocktail bar in the evening

Important:

Restaurant operations are not permitted.

The installation of a terrace is not allowed, according to municipal regulations for the old town.

These characteristics define a very clear and profitable concept, focused on indoor dining, constant turnover, and maximizing foot traffic.

Key Features

High pedestrian traffic area

Constant flow of tourists and residents

Year-round business

Extended operating hours

Loyal clientele

Ideal location for a modern café-bar, wine bar, cocktail bar, or pub with a daytime and nighttime concept

Financial Terms

Transfer fee: €80,000

Rent: €2,000/month + VAT - Income Tax

New 10-year lease agreement, providing stability and long-term growth potential

Opportunities of this type, with this license, location and conditions, are scarce in the current market.