COMM639

Both Worlds

Bar/restaurant

POA

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COMM639

Both Worlds

Bar/restaurant

POA


ABOUT THIS PROPERTY

LEASE FOR SALE — Kokonut Beach Bar

A rare opportunity to acquire one of Gibraltar’s most established and successful beachfront hospitality venues.

Situated directly on the sands of Sandy Bay — Gibraltar’s most popular beach destination — Kokonut Beach Bar is a thriving, fully licensed beach bar with a strong reputation, loyal customer base, and proven profitability. Since opening in 2017, Kokonut has become a landmark seaside venue, loved by both locals and tourists for its relaxed coastal atmosphere, vibrant social scene, and exceptional beachfront setting.

With uninterrupted sea views, high year-round footfall, and no direct competition in the area, this is an outstanding turn-key business opportunity in a prime waterfront location.

Business Highlights

  • Established and profitable business operating successfully under the same ownership for 8 years
  • Prime beachfront location on Sandy Bay with exceptional visibility and steady customer traffic
  • Unique market position with no direct competitors nearby
  • Fully equipped and operational bar and kitchen ready for immediate takeover
  • Strong brand identity with an established online presence and loyal clientele
  • Independent operation with no franchise or supplier tie-ins
  • Low operating overheads:

o Monthly rent: only £385 (£4,620 per annum)

o Utilities approximately £700 per month

  • Flexible renewable 5-year lease in a premium seaside location
  • Indoor covered seating and outdoor beach terrace included within dedicated beach lease footprint
  • Seating capacity for up to 96 guests
  • Holds an Entertainment Licence Type A

Growth Potential

Kokonut offers significant opportunities for further expansion and revenue growth, including:

  • Extending trading hours and seasonal operations
  • Introducing new food concepts, cocktail menus, or themed events
  • Expanding branded merchandise and experiential offerings
  • Increasing digital marketing, social media engagement, and event promotions
  • Developing private functions, live entertainment, and beach events

Included in the Sale

The sale includes all fixtures, fittings, furnishings, kitchen and bar equipment, branding rights, and established supplier relationships — providing a seamless transition for a new owner.

Kokonut Beach Bar represents a unique lifestyle and investment opportunity: a fully operational, profitable beachfront business with substantial growth potential in one of Gibraltar’s most desirable coastal locations. Opportunities of this calibre and position rarely come to market.

Areas m2
Interior Size:
176m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Features
  • Fully operational business
Terms and Lease
Ownership:
Leasehold

About Both Worlds

Located, as the name would suggest, on Gibraltar’s eastern edge of the Rock, this area has predominantly been designated to industrial and light industrial zoning in the area of Devils Tower Road. Gibraltar’s three main beaches, are also located on the East side of the Rock. Eastern Beach, Catalan Bay and Sandy Bay are the most popular beaches in Gibraltar. Catalan Bay enjoys a village type atmosphere with various small developments located in the area. There are various residential developments such as Caltree House, North View Terrace and Wellington Court in the district with the recent addition of Beach View Terraces, a new affordable housing estate of approx. 500 units. Proposals to invest sizeable monies into the area are very much underway with the Blue Water project, which entails the reclamation of 112,000sqm of land banking with additional super yacht facilities / marina, as well as affordable and luxury developments, mixed use developments and Hotel. This project would see a new regeneration of the area and add huge value to a growing Gibraltar economy.

Register your Interest

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Property Stats

Average BMI Property Sales Prices for Both Worlds

Average Price

Year

£153,000.00 2020
£68,000.00 2009
£63,000.00 2003
£33,000.00 2002
£47,475.00 2001

For full property stats visit our market update

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi