Commercial for sale in Ciempozuelos, Madrid

We are selling a magnificent functioning bar- cafe totaling 79 square meters. With a lot of clientele, enough to cover the payments and still have significant profits if credit is requested. It has been operating as a hospitality establishment for about 30 years. It is located next to the Ciempozuelos bullring square, which guarantees a massive influx of people during local and patron saint festivities to have drinks, sandwiches, coffee, etc. Clients even remain outside the venue because inside they don’t fit. It is the only bar in the area, which means it is busy with the whole neighborhood, which also has a very good relationship with the owners. It is next to the bus stop and many users wait there until the bus arrives. It has a reputation for good cuisine and therefore serves many meals; it also has good pastries and thus serves a large number of breakfasts and afternoon snacks. The owners are selling it because they are retiring, but they have had it in operation for about 30 years, being very profitable for them. The price also includes a nearby 45 square meter storefront that serves as a warehouse. This storeroom is actually a very important relief for the cafe, but it could be converted into a loft and used as a home and warehouse. Or make it a residence since there is no problem with light as it is on a corner. If a dwelling is created, the floor would have to be raised, which would allow upstairs to be the living area and downstairs to serve as a warehouse. It would remain as a warehouse, with a height of approximately 1.5 meters and an area of 45 square meters—more than enough space for the bar- cafe warehouse and upstairs as a dwelling.