Fully Refurbished Restaurant & Cocktail Bar for Business Transfer, Arxiduc — 250 m from Plaça d'Espanya, Palma — EUR 110,000
A turnkey restaurant and cocktail bar offered as a business transfer (traspaso), currently trading and completely refurbished to an as-new standard in early 2025. The premises extend to approximately 150 sq m with seating for 75 guests inside and a further 24 on the outdoor terrace, and are fully equipped with a professional kitchen, storage area and customer WC.
Key features
- Business transfer (traspaso) of a venue currently trading — no downtime required
- Completely refurbished to an as-new standard in early 2025
- Approximately 150 sq m of internal space
- 75 covers inside plus 24 on the terrace — 99 covers in total
- 20 sq m outdoor terrace
- Fully fitted professional kitchen
- Dedicated storage area
- 2 Customer WC
- Rent of €2,500 per month, with 3.5 years remaining on the current lease
- Option to negotiate a new 10-year lease, giving long-term security
- Sought-after Arxiduc district, just 250 m from Plaça d'Espanya
- Excellent transport links: metro, train and intercity bus services all within a few minutes' walk
The area
The premises sit in the established Arxiduc district, a busy residential and commercial quarter of central Palma, moments from Plaça d'Espanya and the shops and restaurants of Blanquerna, with the whole of the city and island served by the transport interchange on the doorstep.
