empire nightclub – investors & business owners
Own a Piece of Magaluf: Prime Location on Sale
Ready to Take the Next Step?
EMPIRE Nightclub is more than just a property—it’s an opportunity to invest in the fastest growing British Resort and become part of Magaluf’s exciting future.
Fill The Form To Get More Info Or Contact Us: SALES@GETEMPIREMAGALLUF.COM
Formerly known as BCM First Floor & Picadilly– Discover why EMPIRE is your next investment opportunity
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Invest in Europe’s Next Luxury Frontier
A Proven Past, A Promising Future
Discover the Opportunity to Shape the New Era of a British Resort Haven
FILL THE FORM & LEARN MORE ABOUT THIS OPPORTUNITY TODAY!
Empire on the First Floor of Piccadilly
Our long journey In Magaluf
Established Legacy in Hospitality
Our story in Magaluf isn’t just beginning—it’s been flourishing since 1988. Built during a tourism boom, our property, centrally located on the Strip, quickly became a sought-after spot for nightlife. Known for its vibrant atmosphere, the location leverages the unstoppable energy of Magaluf, making it an ideal investment for those aiming to thrive in hospitality.
A Prime Location with Unmatched Accessibility
Situated within 25 meters of the nearest hotel and apartment complex, our property is nestled in the heart of a bustling tourist hub. With multiple accommodations in close proximity and the beach just a short stroll away, the bar benefits from constant foot traffic and visibility. Its full-corner position enhances its allure, featuring expansive sea views that can be enjoyed from its large terrace—an exceptional feature that sets it apart from other venues.
A Landmark Known as Piccadilly’s Corner
Starting as Piccadilly’s Corner, the bar gained local fame for its lively ambiance and quality service. Managed by a figure who would become a legend in the local scene, it remained under his successful leadership for over 12 years. His legacy attracted major players on the island, securing a solid reputation and consistent patronage.
Partnership with BCM, A Global Nightlife Brand: BCM First Floor
Our property reached a new height when it partnered with BCM, a top 5 global nightclub brand. This partnership lasted for 15 years and underscored our venue’s capacity to host world-class entertainment. The strategic shift from BCM’s side, moving from nightlife to hotel management, reflected the evolving market dynamics, providing new investors a chance to redefine the space.
The Empire Nightclub Era
The bar was subsequently rebranded as Empire Nightclub, operated by a well-known local businessman with several other venues in the vicinity. Under this period, Empire Nightclub thrived until his retirement in 2020. Since then, the venue has been poised for a new chapter amidst the major upgrades transforming Magaluf into a luxury destination.
A Bright Future Ahead
Now, this iconic 300 sqm property on the first floor is available for sale, offering you a unique opportunity to own a piece of Magaluf’s vibrant history and a spot in its bright future. Ideal for those looking to introduce a dynamic business in a location proven to attract and delight patrons, this property promises continued growth and excitement.
Get More Info:
OR EMAIL US: SALES@GETEMPIREMAGALLUF.COM
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The property boasts several standout features that make it an attractive investment opportunity:
Exclusive Terrace: An expansive 25-meter terrace right on the main strip, offering ample space for outdoor seating or events, enhancing the venue’s appeal and usability.
Sea Views: Breathtaking sea views that provide a scenic backdrop, ideal for creating a captivating atmosphere for guests and increasing the property’s allure.
Prime Location: Situated in the heart of Magaluf’s vibrant strip, the property benefits from high foot traffic and proximity to local amenities, including hotels, apartments, and the beach.
Versatile Development Potential: The property’s layout and location offer flexibility for various business concepts, from a high-end restaurant or bar to a boutique event space, catering to both local residents and tourists.
These features combine to create a property that is not only strategically positioned but also rich with potential, making it ideal for investors looking to capitalize on Magaluf’s evolving market landscape.
This property appeals to a diverse group of investors and entrepreneurs, each with unique objectives:
Rental Investors: Ideal for those looking to capitalize on Magaluf’s booming tourism and hospitality industry. With its prime location and versatile space, investors can expect a rental yield of 5-6%. This property offers a steady income stream by leasing it to business operators in the area.
Property Flippers: Flippers have the opportunity to enhance the property’s value through renovations and rebranding. Given the ongoing transformation of Magaluf into a luxury destination, a well-executed flip could significantly increase the resale value, making it a lucrative project for real estate developers.
Business Owners: Entrepreneurs interested in operating their own business will find this property especially appealing. Whether it’s reviving its legacy as a hotspot in the nightlife scene or introducing a new concept like a gourmet restaurant or an upscale lounge, the property’s features, including its large terrace and sea views, provide a solid foundation for a successful venture.
Each of these potential buyers will find unique opportunities and advantages in this property, making it a versatile and attractive investment in one of Magaluf’s most sought-after locations.
The current market in Magaluf offers exciting opportunities for new property owners, driven by several key factors:
Significant Local Investments: High-profile investments, including those by renowned sports figures like Rafael Nadal, are signaling a shift in Magaluf’s economic landscape. These investments are fostering a more upscale and diverse tourism market, paving the way for elevated business concepts and services.
Transformation into a Luxury Destination: The area is undergoing a transformation aimed at attracting a more affluent demographic. This shift offers property owners the chance to tap into a more lucrative market segment, providing services and experiences that cater to wealthier tourists and residents.
Increased Property Values: With the ongoing upgrades and heightened interest in the area, property values are expected to rise. New owners can capitalize on this upward trend through strategic property enhancements and positioning.
The property has been temporarily closed since 2020 due to a strategic decision to align with the extensive upgrades happening in Magaluf. These developments are transforming the area into a luxury destination, attracting investments from prominent figures and shifting the local market dynamics. The pause in operations provides potential new owners with an opportunity to renovate and reposition the property to capitalize on the evolving market needs.
The property’s location offers several strategic advantages that are particularly beneficial for new business owners:
Prime Tourist Area: Situated in the heart of Magaluf, the property is located on a busy main strip that draws significant foot traffic. This area is historically known as a popular British resort, attracting a steady flow of international tourists familiar with and seeking British-style hospitality and entertainment.
Proximity to Hotels and Accommodations: With several hotels and apartment complexes within a mere 25 meters, the property benefits from the proximity to a constant influx of tourists. This accessibility makes it an ideal spot for a business that caters to visitors looking for convenient leisure and entertainment options close to their accommodations.
Visibility and Accessibility: Being on a full corner with a large terrace, the property enjoys high visibility, which can attract more patrons. Its noticeable presence, enhanced by views of the sea and a sign visible from the beach, adds to its appeal, drawing both beachgoers and passersby.
Versatile Space for Diverse Concepts: The location and layout of the property make it suitable for a variety of business models, from bars and restaurants to more upscale lounge clubs and event spaces. The rich history as a vibrant nightlife hub can be leveraged to continue a tradition or introduce a new, modern concept that complements the ongoing upgrades in the area.
These location-specific benefits position the property as a lucrative option for business owners aiming to capitalize on the high tourist turnover and the area’s historical reputation as a top destination for British visitors.