Restaurant with Potential in the Heart of Palma – An Extraordinary Investment Opportunity

Located next to the renowned Carrer de San Miguel, one of the busiest and most tourist-filled streets in Palma’s historic center, this 120 sqm restaurant is ready to welcome a new investor looking to maximize its potential.~~Why Choose This Restaurant?~~With its prime location that attracts a constant flow of visitors, this property offers a unique opportunity for anyone wanting to invest in the restaurant business in one of Palma’s liveliest areas. Spread over three levels, the space can be adapted to create a personalized experience, ideal for both local and international customers.~~Distinctive Features:~~ • Three Levels of Versatile Space:~ • Lower Level: fully equipped and functional kitchen, along with an intimate room with a large table for 10-12 people, perfect for private dinners or events.~ • Street Level: the main dining area with several tables to welcome guests and take advantage of the foot traffic.~ • Upper Level: an additional area with a bar counter and another cozy room, perfect for those seeking a relaxed and private atmosphere (currently not set up to serve customers directly at the bar).~ • Impeccable Condition: the electrical system is new, and the entire space is in excellent condition, ready for immediate use.~ • Long-Term Lease Agreement: only €2800 per month for the next 10 years, a rare opportunity in such a central area.~ • Option to Purchase the Property: the possibility to acquire the property itself offers a stable, long-term investment.~~Investment Potential and Profitability~~This restaurant is an excellent foundation for those looking to establish a successful business in a strategic location:~~ • Tourist Foot Traffic: close proximity to Carrer de San Miguel, one of the most visited streets by tourists, ensures a constant flow of potential customers each day.~ • Customizable Style: the space offers the opportunity to adopt a more refined and distinctive style, ideal for attracting high-end clientele.~ • Outdoor Terrace Permit: a request for an outdoor seating permit has already been submitted, allowing the possibility to set up a terrace to increase seating capacity and visibility.~ • Private Events and Exclusive Dining: the private room on the lower level is ideal for corporate dinners, private events, or parties, allowing for a diversified offering and additional revenue streams.~~A Unique Opportunity in Palma’s Historic Center~~This restaurant in the heart of Palma is a rare opportunity for those seeking a solid foundation for a successful business. With its versatile structure, enviable location, and the option to purchase the property, it is a strategic investment, ready to appreciate in value and deliver returns over time.~~Contact us for more details and discover how this property can become your next big success in Palma de Mallorca’s restaurant scene!~~MAGIC INMOBILIARIA 2022, SL, y en su representacion DAMIAN VICTOR DIAZ PALERMO con número de registro de agentes inmobiliarios de Baleares GOIBE762683/2024, actúa como intermediario en la gestión de esta propiedad.