Canarian Restaurant For Sale in La Victoria

€890,000

Reference: 1130

Canarian Restaurant For Sale in La Victoria

An ongoing business for sale: A restaurant situated in the North of the Island.

Location: The restaurant has a very good location : district La Victoria, under the motorway, between Tacoronte and Puerto de la Cruz. It takes only 10 minutes to get to the north airport , 20 minutes to the capital of the Island Santa Cruz de Tenerife and 10 minutes to Puerto de la Cruz and Loro Park. The restaurant is 1 minute away from the motorway exit.

Property: freestanding house in Canarian style with plot of 3.000m2 and building area of 1.000m2. Also it has 500m2 more just across the road, which are not being used at the moment, but can be used as an additional parking.

History: the original Canarian house, was converted into a restaurant 10 years ago. One of few restaurants situated in a historical place with all licenses permitting this type of business activity. The property has been improving since its opening as a restaurant, so now it looks homely and modern, and its cuisine can give a head start to many pubs and restaurants.

Business: The restaurant is oriented mainly on clients from the north of the Island, also there are contracts with touristic busses VIP (special menu is offered). It is the favourite spot for delivering big events: weddings, christening parties, corporate parties, etc. It made its tradition serving brunch at the weekend, which is unusual for the countryside. Its capacity is up to 300 people, the are several rooms to deliver private events (from 17 to 70 people).

Due to well-organised management, the restaurant offers high-quality service. There are 8 employees at the moment.

Reference : 1130

Selling Price of the business and the property is 890.000

Location: La Victoria
Property Type: Canarian Restaurant
Reference: 1130
Bathrooms: 3
Build: 1000sqm

Los Menceyes Properties

  • Avda. El Palm-Mar, 91,
  • PALM MAR
  • Arona
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