Significant Markdown in Price for Beach Bar for Sale in Anguilla

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Le Bar, a beach bar/restaurant located in Anguilla, is for sale at a significantly marked down price. The Caribbean business for sale is located in Sandy Ground which sits on Road Bay and is the center of the island’s nightlife. We walked by the beach bar on our last trip to the island in April 2019 and it appeared as if it hadn’t been open in a while and it is listed as “Closed” on Google and Trip Advisor. One reviewer on Trip Advisor listed Le Bar as closed in December 2016.

caribbean, business, for sale

Depending on which website you visit, the price is either $1.1 million or $1.2 million, down from $1.9 million according to Gumko International’s listing for Le Bar (they have it currently listed for $1.1 million). ProRealty Anguilla’s listing for Le Bar has the sale price as $1.2 million. ProRealty’s site has more images whle Gumko’s site has more information. I would highly recommend checking out both.

One interesting thing to note is that Gumko’s listing mentions that planning permission has been granted for a three story adjacent building, making it a possibility of having your own boutique hotel, something sorely lacking in Sandy Ground.

The building is included in the sale.

I don’t know how much the building is worth but I guess that’s why they have accountants, attorneys and real estate pros. I do know that Sandy Ground is an amazing area, one I have long called my home away from home. If I could open a beach bar for the right price, I would do it here in a heartbeat. I just need some investors! Anyone? You’ll always have a reserved seat at the bar. Promise!

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Author: Tom W.

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1 Comment

  1. Hello,

    This is a long shot but worth a punt. I may be interested in some sort of deal – cannot afford the amount you are after but perhaps some sort of JV. Please advise of true situation to see if there is something we can do? Thanks

    Bridget – bridgetconvey@hotmail.co.uk

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