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Built
600
m²
Terrace
45
m²
UNIQUE & PROFITABLE BUSINESS OPPORTUNITY FOR SALE IN THE HEART OF MALAGA CENTRO HISTORICO
18TH CENTURY THREE STOREY BUILDING, FULL OF CHARACTER WITH ROOF TERRACE FUNCTIONING AND LICENSED AS "ARAB BATHS"
SHORT WALK TO PLAZA DE LA MERCED, TEATRO CERVANTES, PICASSO MUSEUM AND ALL WINE BARS & RESTAURANTS IN THIS SOUGHT-AFTER PEDESTRIANIZED STREET
BUILDING COMPRISES: GROUND FLOOR RECEPTION AND ARAB BATHS, CHANGING ROOMS, MASSAGE ROOMS, 1ST FLOOR PILATES & YOGA, 2ND FLOOR BEAUTY PARLOUR / FACIALS, ETC (This area can be converted back into living quarters), ROOF TERRACE & CHILL OUT AREA WITH VIEWS OVER THE CITY ROOF TOPS & TO THE CATHEDRAL SPIRE.
The building is in good condition, well-maintained, solid, with thick walls and is equipped with solar panels and gas boilers for underfloor heating and heating the Arab Baths.
The sale includes the building of 600 m2 built area, with the possibility of applying for a License to extend, building extra living space / apartments with a legal building project.
Also included in the sale is the Business client base and good will. Help will be given at the beginning, but it is an easy business to take over and start to earn income immediately.
Sale is due to retirement.
Profitability, after all expenses paid, 75,000 € per year (5%).
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