FAMOUS TRADITIONAL RESTAURANT FOR RENT IN IBIZA OLD TOWN WITH TERRACES & STORAGE ROOM ANNEX

About the property

This is an offer to transfer a restaurant business (traspaso), with the signature of a Long-Term Rental Contract. The shares of the operating company SL are sold.  Please note this is not a real estate sale.

Transfer Price                         420.000 €   Including the operating company with Licenses

Surface Build                          141 m²
    Indoor Restaurant               70 m²
    Indoor Storage Annex        41 m²
    Exterior Terraces                30 m²                         
 
Restaurant Indoor                   40 seats with license
Restaurant Exteriors               50 seats         

Rental Price                            € 5.000 per month
Long Term Contract               for 5 years, after this renewable for 5 years

Possibility to buy another annex 37 m² fully renovated for 600.000€
 
This is a traditional Ibicenco restaurant in the hearth of romantic old town of Ibiza. After many years of family-run operations the owners will enjoy their well-earned retirement. They hand-over a very loyal clientele; this place is famous and beloved by residents and tourists alike who come back every year.

INSIDE

Electricity has been totally renovated in 2019, The aircons have been exchanged less that 10 year ago. Customers dining room, open-plan bar equipped with fridges, ice machine and glasses, access to kitchen: smaller kitchen with 3 fires one oven, kitchen tools, complete set of plates and glasses for 90 customers.
Second entrance to second customers dining room.
2 customer bathrooms.


OUTSIDE

2 dining terraces in the street.
One storage annex of 41 m2 is included in the rental. Shelves for storage, fridges.

OPTION: a second storage annex of 41m2 is available for rent for 1.000€ per month.

ABOUT THE AREA - IBIZA CITY OLD TOWN, DALT VILA 

Ibiza City centre of is one of the major attractions of the Balearic Islands with all services at your fingertips.  The old town of Ibiza “DALT VILA” has been granted UNESCO World Heritage in 1999. It offers a great atmosphere and is an opportunity for nice strolls in the port area up to the cathedral at the summit of the hill. From that vantage point one the gets amazing views over the city and on the other side to the open sea and Formentera. Next to the marina keys of Ibiza centre, there is a wide walking zone with a wide choice of restaurants, bars and many boutiques. On the other side of the city bay is Marina Botafoch from where you can catch great sunsets. Airport is only a short 12 minutes’ drive away. Playa d’en Bossa, 10 minutes’ drive away, with its famous entertainment and beach clubs Ushuaïa, Nassau, Beachouse, Tanit and Coco Beach and club Hï.

MILD CLIMATE IN IBIZA

Ibiza and Formentera are drier and warmer than the rest of the Balearic Islands, presenting a semi-arid climate. The sun exposure of the territory is very high, with about 3,000 hours per year on 320 days. The average annual temperature of the island varies between 16 and 18.5º Yearly rainfall is between 300 and 600 mm.