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Proposal for La Herrada, Los Montesinos

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  • Proposal for La Herrada, Los Montesinos

    I wonder if there is anyone out there who may have had experience of this kind of venture. Any tips or advice would be most appreciated.

    A PROPOSAL PUT FORWARD BY IAN CROFT, A MEMBER OF LA HERRADA URBANISATION

    As many of you will be aware Bar Real (behind Super Value) closed about two months ago and at present lies empty.

    Due to this closure the only premises open to us in the immediate area is Bar Monte La Herrada together with the Irish Bar.

    Ian has proposed the following:-

    As an urbanization we open the premises as a Social & Sports Bar to be run by a ‘Steward’ (similar to Social Clubs in the UK) who in turn would hire the staff (from members of the urbanization) for the day to day running of the new bar/restaurant.

    The intention is to raise the monies required to open the bar from members of the urbanization as a whole. It would be the intention that any profits would then be paid back to the urbanization by way of dividends to those who contributed towards the re-opening.

    The following is a loose proposition as to how the bar/restaurant will function.

    Once it is known how many members of the urbanization would like to participate in this venture the money required would be devided among them. These people would then become member’s of the ‘Club’ and would be entitled to drinks at a reduced cost. A membership card would be issued to ensure that only those entitled would benefit from it with regard subsidized drinks.

    With regard the restaurant side of it, this would be open for breakfast, snacks and possibly Sunday Lunch (again staffed by urbanization members)

    We have been advised by the owner of the vacant premises that the bar can only be in the name of one person. It is therefore proposed this should be the ‘Steward’.
    After an initial discussion with the owner it is estimated that a sum of 20,000Euro would be required to get the bar/restaurant up and running.

    The breakdown of this is as follows:-

    10,000Euro for Deposit (from this amount the owner
    will replace items the previous tenant took i.e. lights,
    bar, stage etc. It also includes redecoration)
    5,000Euro to fully equip bar, kitchen and restaurant
    1,000Euro Legal fees (Solicitor/Notary)
    4,000Euro (two months rent)
    Total 20,000Euro

    No doubt there will be a thousand and one questions you will need answers to but as was pointed out this is purely a proposition at this stage. Depending on the response of course it may well be a ‘non’starter’ but it is felt that some consideration should be given to the idea, if for no other reason, but to get more and more people to visit La Herrada and to have a nice local premises where functions can be held.

    Any questions, comments or suggestions can be put to the following:-

    jaynehaynes@hotmail.com
    imcroft@hotmail.co.uk
    jjleaker@msn.com

  • #2
    Just wanted to say good luck with your idea - great to see people trying to do something positive and not just moaning!
    Well done.
    Be interested to see if it works out.
    Sorry can't offer more but I live in central Torrevieja.

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    • #3
      Good Luck to you
      Only my thoughts but Methinks the owner is on to a good thing using your money to replace items taken by the previous tenant, just be careful what deposit you pay out ensure you can take the fittings too if all goes wrong

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      • #4
        Proposal for La Herrada

        Many thanks for contributions. Points taken on board and passed to interested parties.

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