This investment is a very well known restaurant situated in a primel location in the historic town of Pollensa in the north of the island. The restaurant is just a few steps from the town centre and the Main Square.
The restaurant was totally renovated about 5 years ago and the result is a light-filled interior with a courtyard covered by a canopy and hence can be used both in summer as in the cooler months.
The property is a traditional Majorcan town house with a very pretty façade and the restaurant has capacity for approximately 80 clients to dine.
This is a very interesting business investment since the restaurant has a magnificent reputation in the area and it would be viable to work the 365 days of the year.
The property consists of a two-storey building with entrances from two different streets, an entrance for clients and a separate one for the staff. It could be converted into an apartment and it is possible to build another floor on top.
The selling price is a result of the estimated price for the building plus a valuation of the business via a market study carried out by a prestigious company in Mallorca. In the building there is a storeroom which facilitates the day to day activities carried out by the restaurant staff.
Important to mention is that this Restaurant is part of the Michelin Guide.