Commercial Freehold Property in Moraira with Huge Income Potential Available at a REDUCED Bargain Price of Just €499,999
Fantastic FREE HOLD detached Restaurant Bar 290m2 in great location on the Costa Blanca North close to the El Portet beach which is just an 8 minute walk away. It is only a 10 minute walk to Moraira town. The outside terrace accommodates 20 tables+ with large car park and in side of the restaurant is room to seat at least 100 people. The restaurant has got a large commercial kitchen, ladies and gents toilets and a separate Disabled Toilet. The restaurant has got a multi fuel stove for the central heating which heats all the restaurant very economically. There are also 7 ceiling fans. The restaurant bar comes with a 2 bedroom apartment upstairs 100m2 comprising of a large lounge, kitchen and a bathroom, 2 large double bedrooms and a large outside terrace and it comes with gas central heating and ceiling fans. The restaurant has got an under build that fits 2 cars and can be easily converted to a 2 bedroom apartment.
(FOR SALE DUE TO RETIREMENT AFTER TRADING OVER 8 YEARS)
This is rare opportunity in Spain to purchase a spectacular freehold restaurant bar with accommodation above which is also walking distance to the beach and amenities.
*Restaurant Bar 290m2
*2 bedroom apartment upstairs 100m2
*Under build 290m2
(DETACHED RESTAURANT BAR AND 2 BEDROOM FLAT ABOVE FOR SALE IN MORAIRA SPAIN)
After 8 years trading the owner has decided to retire. This is a unique opportunity to buy the freehold and business so no need to worry about the lease running out, as you own the property outright. There’s also no need to pay rent, service charges and any other landlord charges.
THIS IS A HUGE BARGAIN!!!
This property could be utilised in it´s current format as a highly successful restaurant (advance bookings already taken and massive goodwill from it´s many years of quality service). The property comprises of a huge underbuild which could easily be converted into apartments and rented out. Upstairs contains a two bedroom flat which can be lived in or rented out.
This Property Offers HUGE INVESTMENT POTENTIAL
1 – It can be operated as a thriving restaurant with it´s own live in 2 bedroom apartment upstairs.
2 – It can be operated as a thriving restaurant with an upstairs 2 bedroom apartment offering the potential of rental income.
3 – It can be operated as a thriving restaurant with an upstairs 2 bedroom apartment offering the potential of rental income and an underbuild, which if converted, could offer a second apartment available to generate further substantial rental income.
4 – It can offer THREE potential sources of income should the new owner decide to LEASE the restaurant area and also rent out both the upstairs apartment and a converted underbuild. The income potential is significant!
(Please note that the current owners only want to sell the property not lease, due to retirement.)Enquire About This Property