Freehold Restaurant for sale in Patalavaca, Gran Canaria

This a an excellent opportunity to aquire a busy restaurant in a prime position in the Patalavaca area of Gran Canaria. It is unusually a freehold property of four units, which gives tremendous flexibility for future usage, along with extensive terrace areas to the front and the rear. It is currently being used as a restaurant with a genuine Spanish theme and attracts tourists and locals. It's prime location in Patalavaca would suit a variety of different themed bars or restaurants.
Description of Property	This restaurant has been created from four adjacent shop units in the Rio Canario edificio, in Patalavaca. These are the end four units, and along the front of these and other shop units there is a pedestrian walkway which is protected from the road and so forms the main pedestrian route for the area. The four units have been converted to provide a large kitchen, cosy bar area, toilets and indoor seating areas. The main area used by customers however is the large terrace in front of the property which is furnished with 18 tables and room for up to 100 diners. The Restaurant is across the road from several of the biggest hotels and self catering apartments in the area including Green Beach, Donan~a, Don Paco, La Canario, Aguamarina, . Within 2-300m walk there are some of the largest hotel in the area including Anfi del Mar, Sunwing and El Dorado. This gives a potential audience of 2-3000 per week. These customers are generally Scandinavian (especially in winter), German or English. Patalavaca and Arguineguin have a large resident Spanish population with many additional Scandinavians in winter and this is the source of the 'local' business. The units are located below a residential unit.
Current Facilities	The Restaurant can currently seat a total of 100 diners and has a fully equipped kitchen capable of supporting this level of diners. The terrace area has a large Plasma TV screen which the locals use to watch Spanish Football and other sporting events. There are 3 Ice cream dispensers which attract casual passing trade. There is a large glass fronted chilled cabinet which is used for storing and displaying sweets, cakes, flans etc There is a Cigarette dispenser which generates an income of 200 euros cada semana. There are two toilets for customer use. The bar is equipped with normal facilities including coffee machine, juicer, till, Beer spigot. The bar area has a small music system and has a single phone line.
Current Restaurant	The current restaurant serves a mixture of Spanish and European food with a focus on 'family dining'. It serves freshly made pizza, salads, meat dishes, fish dishes, paella, sandwiches, and snacks such as hamburger, sandwiches etc.
History	The restaurant was opened in it's current form and name in 1999 and has been open continuously since then. Seperation from her partner, failing health of close family members andother family factors have meant that over the last few years investment in the business has been more selective.
Technical Information	Total internal area 140sq m front Terrace area aprox 120sq m Side Terrace area ?100 Rear Terrace area aprox 120sq m Electricity - 3-phase Tenancy - Freehold Comunidad fees - all paid to date
Licences Held	Opening Licence from Mogan Council
Opportunities	There are several different opportunities for the purchaser of the property: Continue and develop the current successful restaurant theme and image and build on the existing base of repeat business Develop a new restaurant theme in this prime location Sub-divide and re-offer the units for seperate occupation on a lease or resell seperately
Want more information ?	Contact the vendor via Eduardo on (0034) 617 42 46 56, or send him an email. All information has been provided in good faith on the basis of 'best information available' and following translation - E & O E. Any prospective buyer should validate the details against source documents.