Cocktail bar steps from Plaza del Parque

Cocktail bar in the plaza del parque area, leasehold for sale · ibiza

GZ Ibiza Properties presents an excellent opportunity: the leasehold transfer of a well-known cocktail bar on one of the most iconic streets around Plaza del Parque, in the heart of Ibiza town.

Plaza del Parque and its surrounding streets are one of the liveliest and most established parts of town, with a wide choice of bars, restaurants and terraces. It is a regular meeting point for residents and visitors alike, and stands out because trade and hospitality carry on all year round.

Despite its small size, the bar is very well known in town, with an established regular clientele and a significant turnover. Its track record, reputation and excellent location make it a particularly interesting opportunity for hospitality professionals.

The premises have approximately:

20 m² of interior space, used as the bar.

15 m² of outdoor terrace, on one of the most characterful streets in the area.

Approximate total area: 35 m², including the terrace.

The business is transferred with all its existing machinery, furniture and equipment. The full inventory will be provided to interested parties on request.

Financial terms

Current rent: €1,750/month + VAT, less the applicable IRPF withholding.

Deposit: 2 months.

Transfer price: €230,000

Lease: the current lease can be assigned, or a new lease signed, with its term and conditions negotiated directly with the landlord.

Agency fees, GZ Ibiza Properties:

3% of the transfer price + 21% VAT.

One month's rent + 21% VAT.

An excellent opportunity to acquire an established business, with loyal customers, strong turnover and a prime location in one of the areas with the longest hospitality tradition in Ibiza.

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