# Property

- Type: properties
- Location: Torremolinos
- Price cents: 12699500
- Currency: EUR
- Bedrooms: 1
- Canonical path: /ru/properties/2466-torremolinos
- Canonical URL: https://aspanishlife.com/ru/properties/2466-torremolinos


Investment Opportunity!

This excellent pub in the heart of Torremolinos is well known and has had the same owners for many years.   It is close to some major hotels, the high street, shopping areas and enjoys very good footfall.   It is split into three different areas, with a large bar, good size kitchen and living area that includes a bathroom.

There is a small terrace with space for over twelve.   The main bar area is over eighty square metres and has wooden beams, wood topped serving bar (that is fully equipped with the usual features), TVs with satellite set up, full air-conditioning throughout, fireplace, pool table and WCs.   Good bar seating plus tables and chairs are placed throughout the interior.   The kitchen is a good size, with serving hatch to the bar, fridges, freezers, microwaves, plancha, deep fat fryers, gas stove, toasters, sinks and extractors.   There is a one-bedroom apartment to the rear, with a living room, balcony with views over the sea, bathroom with shower and a bedroom.

The current freeholder wishes to retire, and this is the reason for the sale.   He has owned the property for almost twelve years, with only two tenants during that time.   The current tenants have been resident for nine years and are paying over €1,000 per month in rent.   They also pay all the expenses on the property, aside from the building insurance.    If the tenants sell their rights to the lease, the freeholder will be entitled to 20% of the sale price and may increase the rent by 15%.