€ 49,000
Commercial for sale in Algaida, Mallorca
- 539 m2
- 1
Description
Ref. 100- CD1207
Transfer of bar/café concert with entire building and great development potential in the heart of Algaida
A unique opportunity is offered to entrepreneurs and investors in the very center of Algaida. A well-established business, currently operating, with a dual license for Bar and Café Concert, located in one of the most distinctive buildings in the town's historic center and with enormous growth potential.
Currently, the establishment operates as a café concert venue, and is therefore only open to the public in the afternoon and evening, approximately from 5:00 PM to 4:00 AM. However, the license allows for much longer opening hours, offering the new owner the possibility of operating the business throughout the day and significantly increasing its profitability.
One of its greatest attractions is its spacious and beautiful outdoor terrace, located right on the town square, an area with authentic Mallorcan charm that residents and visitors enjoy year-round. This space makes the business ideal for developing a daytime café and restaurant, offering breakfasts, coffees, “pa amb oli” (bread with olive oil), salads, tapas, cold lunches, and continuous service until late, combining dining and leisure in a single establishment.
The rental price includes more than just the premises where the business currently operates.
The monthly rent also includes:
- Ground floor for business use.
- Two complete upper floors.
- Large storage/garage with direct street access.
- Rooftop solarium terrace.
- Magnificent outdoor terrace located right on the town square.
A rare find that offers endless possibilities for development and growth.
Furthermore, there is the possibility of negotiating the purchase of the entire building, an excellent opportunity for investors and developers.
As this is a listed historic building, a preliminary technical and urban planning study will be necessary to assess the different development options. Among the possibilities that could be explored are:
- Transformation into an exclusive boutique hotel.
- Development of a charming bed & breakfast.
- Conversion into several independent apartments, with the possibility of obtaining up to three individually profitable units, always subject to technical feasibility and current urban planning regulations.
The building's unique character, its prime location, and the growing tourist appeal of Algaida make this property an investment with enormous potential in both the short and long term.
The business currently holds a dual bar and café concert license, authorized capacity, two separate bars, a large event area, an outdoor terrace, a private room, a DJ area, a dance floor, a professional sound system, air conditioning, and all the necessary equipment to continue operations from day one.
A truly unique property combining a functioning business, a complete building, and extraordinary appreciation potential.
If you're looking for a business ready to operate from day one or an investment with multiple development possibilities in one of Mallorca's most charming villages, this could be the opportunity you've been waiting for.
Features
- Commercial
- Bathrooms: 1
- Build Size: 539 m2
- Energy Certificate (Consumption): C
- Energy Certificate (Emissions): C