Cocktail bar on Plaza del Parque

Cocktail bar on plaza del parque, leasehold for sale · ibiza

GZ Ibiza Properties presents an excellent opportunity: the leasehold transfer of a long-standing cocktail bar on the iconic Plaza del Parque, right in the centre of Ibiza town.

Plaza del Parque is one of the best-known and busiest meeting points in the town, for residents and visitors alike. Its cosmopolitan atmosphere, its terraces and its wide choice of places to eat make it a prime location for hospitality. Unlike other parts of the island, the square stays busy all year round, which makes it especially attractive for businesses that want to trade both in high season and in winter.

The bar is one of the historic venues on the square, with a strategic position and a pleasant outdoor terrace.

The premises are in good overall condition and laid out as follows:

30 m² of interior space, for the bar and customer area.

35 m² of outdoor terrace, on Plaza del Parque itself.

A further 15 m² for storage and toilets.

Total area: 80 m², including the outdoor terrace.

The business is transferred as a going concern, offering the chance to continue a hospitality business in one of the most established and recognised locations in Ibiza.

Financial terms

Current rent: €2,500/month + VAT, less the applicable tax withholdings.

Deposit: 2 months.

New lease: term and conditions to be agreed with the landlord.

Agency fees, GZ Ibiza Properties:

3% of the transfer price + 21% VAT.

One month's rent + 21% VAT.

An interesting opportunity for hospitality professionals who want to set up in an iconic location, with trade all year round and a long hospitality tradition.

For more information or to arrange a viewing, contact GZ Ibiza Properties.