Prime Location Commercial Complex For Sale Fuengirola

A very rare opportunity to acquire a prime location, beach front commercial complex situated in the number one tourist resort of Fuengirola on the Costa del Sol, Southern Spain. The property is situated with main road location and two of the commercial units are in a very sought after position as they are both beach facing with unspoilt views of the Mediterranean.

The 310 m2 building was once operated as one unit operating as a gymnasium. The property has since been subdivided into five units with two units at the front of the building being the most prestigious. The distribution could be changed to suit the new owners.

The complex currently has two long term tenants who collectively pay €2,600 euro per month and there is plenty of scope on expanding upon this by developing the other remaining units.The current asking price is in the region of €900,000 euro and is only available due to the owner retiring.

LOCAL ONE: Beach Front Cafe Bar – A superb front line business that currently operates as a Cafe Bar by day and a sports cocktail bar by night. Large double fronted bar with a 120 m2 terrace with amazing sea views. The bar is very stylish and fitted to a very high standard. The large panoramic bi-fold doors lead into the bar area. The bar is very well equipped with top quality equipment from Germany. There are multiple televisions and satellite systems. The bar has full air conditioning. The kitchen is fitted to a restaurant standard with a full range of industrial commercial equipment. The current tenant has four years remaining of the lease contract and is currently paying €1,400 euro per month in rent.  

LOCAL TWO  Beach Front Irish Bar & Supermarket – (Pictures to follow) Prime location, front line 120 m2 beach facing commercial business currently being run as a Cafe Bar/Supermarket combined business with a tenant in place. This business occupies a front line corner location on the main paseo. The business has been established for many years and is quite unique in its concept. The main bar area is spacious with comfortable seating for 40 people and is fully equipped. The kitchen is an American open plan style with a good selection of commercial appliances. The shop area offers a good selection of convenience items aimed at the tourist market.There is a terrace to the front of the property fitted with an all weather toldo/canopy being of 25 m2 with unspoilt views of the sea. The current tenant has four years remaining of their current contract and are paying a monthly rent of €1,200 euro.  They are actively trying to sell the lease for €39,000 euro so this unit could be available without tenant.  Due to the size and excellent location this commercial unit is suitable for any kind of commercial use.

LOCAL THREE: Unit – This 65 m2 commercial unit is situated towards the rear of the property but does occupy a corner location which is visible from the paseo and does have a pathway. This unit was previously rented out as a commercial office for €500 euro per month but is currently vacant.

LOCAL FOUR: Unit – This 24 m2 unit is on the main pathway between unit 3 and the Cocktail Bar so this unit is visible from the paseo. All mains are connected. The previous tenant was paying €275 euro per month.

LOCAL FIVE: Unit –  (No pictures) This 5th unit is situated at the rear of the complex with no visibility from the sea front. The 50 m2 unit has limited use other than possibly a work shop or storage unit or the possibility to increase the size of unit 2 by removing the internal wall. There is a tenant on a short term contract paying €300 per month.

Contact Fiesta Property for more information.