Fuengirola Freehold Investment Company For Sale, Investment Company For Sale in Spain

*** THIS LATEST LISTING WOULD SUIT ANY OF OUR CLIENTS LOOKING FOR SECURE INVESTMENT OPPORTUNITIES THAT GIVE MONTHLY RETURNS. *** THIS COMPANY HAS 7 FREEHOLD COMMERCIAL UNITS THAT ARE PRESENTLY BEING RUN AS CAFE BARS WITH SITTING TENANTS PAYING MONTHLY RENTS. *** THIS INVESTMENT COMPANY HAS BEEN OWNED BY THE SAME FOUR PARTNERS FOR OVER 27 YEARS AND IS BEING SOLD ONLY DUE TO ALL THE PARTNERS REACHING RETIREMENT AGE. *** IF INTERESTED PLEASE INFORM US BEFORE MEETING TO CHECK AND CONFIRM THAT THIS LATEST INVESTMENT OPPORTUNITY IS STILL AVAILABLE. ***

If interested in this latest business opportunity you can give us a call, send us an email or simply use our lets chat facility or WhatsApp us on 0034 664893320 with any questions or queries you may have or to arrange a personal inspection of the business.

Investment Company for sale in Fuengirola, Malaga on the Costa del Sol in Spain.

This investment company is the owner of seven freehold commercial units of which 4 units are located on the seafront in the area of Torreblanca, 2 units are located under a large hotel in central Fuengirola and one unit is located on a large multi national urbanisation close to Mijas Golf on the outskirts of Fuengirola. all the units are being run as cafe bars and have sitting tenants on various lease contracts and monthly rent agreements. As a breakdown if we number each local from one to seven to give an insight of each return.

Local 1 located on the seafront in Torreblanca approximately 60 M2 with a monthly rent of 1.300 Euros + IVA.

Local 2 located on the seafront in Torreblanca approximately 60 M2 with a monthly rent of 1,150 Euros + IVA.

Local 3 located on the seafront in Torreblanca approximately 60 M2 with a monthly rent of 1.125 Euros + IVA.

Local 4 located on the seafront in Torreblanca approximately 60 M2 with a monthly rent of 875 Euros + IVA.

local 5 located beneath a hotel in central Fuengirola approximately 35 M2 with a monthly rent of 1.125 Euros + IVA.

Local 6 located beneath a hotel in central Fuengirola approximately 35 M2 with a monthly rent of 875 Euros + IVA.

Local 7 located on a large urbanisation on the outskirts of Fuengirola approximately 90 M2 with a monthly rent of 1.550 Euros + IVA.

This investment company has an independent accountancy company that audits and ensures that any taxes or IVA payments due to the tax authorities from the company are paid promptly and on schedule. Regarding the administration of the company this is done by the four partners, two of the partners are designated to sign all the new lease contracts or rent changes but they would also confirm and agree with the other two partners which ensures clarity at all times.

To explain additional income that the company also receives, for example all tenants when first starting their tenure receive a five plus five lease agreement with the rent increases tied to the rate of inflation during this time period, at the end of the first five years the company reserve the right to increase the rent by 10 percent, after the full ten years the company can take back possession of the property and decide to look for new tenants or if desired issue a new contract to the sitting tenant. If any of the tenants during the lease agreement decide that they want to sell their lease there is a clause in all the contracts that the company will receive 20 to 25 percent of the sale price and for this the company would issue a new lease agreement with a five plus five contract, at the signing and agreement of the new contract the company can also increase the rent. If the company are not in agreement with the sale price they have first option to buy back from the sitting tenant at the price they declared and take possession of the premises.

For any of our clients interested in this rare opportunity or require additional information or have any questions the would like to ask please contact us.

NB. IMPORTANT INFORMATION! THE DETAILS AND DESCRIPTION OF THIS BUSINESS IS BASED SOLELY ON THE INFORMATION OUR COMPANY HAS RECEIVED FROM THE SELLER / VENDOR OF THE BUSINESS. OUR COMPANY STRONGLY ADVISE ALL OF OUR CLIENTS NOT TO ENTER IN TO ANY AGREEMENTS FOR ANY BUSINESS WITHOUT HAVING ENGAGED THE SERVICES OF A LEGAL REPRESENTATIVE WHO WOULD COMPLETE A DUE DILIGENCE PROCESS ON THE SAID BUSINESS AND REVIEW THE NEW LEASE AGREEMENT CONTRACT FROM THE FREEHOLD OWNER TO ENSURE THAT THE TERMS AND CONDITIONS ARE FAVOURABLE AND FAIR TO BOTH PARTIES AND COMPLIANT WITH SPANISH LAW.

*** Bar in the sun are one of the longest established business and commercial transfer agents on the Costa Del Sol, we speak the local language fluently and always negotiate directly the best price, terms and conditions for our clients interested in the purchase, lease or rental of any type of business, our pre and after sales service is the envy of our competitors, what other agents boast, promise and guarantee our clients enjoy and receive as normal working practice, with three family members having served in the real estate industry for 30 years here on the Costa Del Sol we offer over 90 years of combined experience working on your behalf. ***

*** Our Fuengirola office showroom is located at Calle Jacinto Benavente local 1, only a short one minute walk from the main Fuengirola bus station and a three minute walk from the train station, our office telephone number is 0034 952464615 or mobile 0034 664893320. We are available to discuss your requirements or simply answer any questions you may have about buying a business in Spain from 10am until 4pm Monday to Friday, we are also available out of normal office hours for pre arranged appointments, we look forward to your visit and meeting with you soon. ***