A renowned nightlife venue is available for transfer in the vibrant area of Santa Catalina, Palma de Mallorca, just steps from the sea and the Paseo Marítimo. With over twenty years of activity, this iconic venue is well known for its original and carefully curated 1970s-inspired décor, featuring retro lamps, leather sofas, vintage paintings, and decorative details that create a unique and highly appreciated atmosphere among its loyal clientele.
The venue offers approximately 100 m² on a single floor, including two restrooms and a storage room in the basement. It also features a 12 m² outdoor terrace, with the option to expand by acquiring the adjacent premises, which would allow for a combined terrace of up to 25 m². The neighboring space has its own license for retail and take-away service.
The current capacity is up to 69 guests indoors and about 50 guests on the terrace. Thanks to its grandfathered bar-cafeteria license, the venue enjoys extended hours from 5:00 p.m. to 3:00 a.m., with permission to play music until midnight. It is fully equipped with air conditioning and security cameras, and is ready to continue operations without the need for renovations.
The transfer also includes the adjoining apartment on the first floor, which features a similar layout and a small balcony—ideal for either personal use or business-related purposes. The monthly rent for the venue and apartment is €2,950 under a new ten-year lease. Should you decide to include the adjacent premises as well, an additional rent of €760 per month applies.
The total transfer price is €300,000, with verifiable financial records. This is a unique opportunity to take over a well-established and characterful business in one of Palma's most dynamic and sought-after areas.