Investment Property in San Miguel de Salinas SP3078F - Business For Sale

Business Description

Asking Price € 480.000 (Freehold)

• Investment Opportunity At Reduced Price
• Newly Built Restaurant With 8 Bed Living Accommodation Over 3 Separate Apartments
• 3 Apartments Above Restaurant - Producing Rental Income
• Restaurant could be developed into further apartments
• Excellent Investment Opportunity

Established international restaurant on ground and lower ground level with beautifully presented lounge bar offering over 80 covers internally and a further 30 covers externally. There is a 4-bed apartment on the 1st floor with 2 separate 2-bed apartments occupying the 2nd floor. Accommodation is accessed by a separate door to the restaurant and as an alternative to owners accomodation could be let or sold off individually making this an exceptional and very reasonably priced opportunity.

Just 10 minutes from Torrevieja and it's beaches, this restaurant is located within a rapidly expanding Spanish town that is popular as a residential & tourist location. Close to all major road links and airports, with a number of Golf Courses (including one under construction just outside the town) nearby.

The property comprises of 500m2 over 4 floors

Corner position within residential area. Disabled access friendly entrance corridor. Door into main bar area, 6 stools at bar, 24 covers. Well stocked and well presented 'horse-shoe' bar, door to kitchen at side. Fully fitted kitchen with ample frozen & cold & ambient storage facilities. Separate Gents & Ladies Disabled WCs on ground floor. Wall mounted TV, stereo, fully air conditioned throughout. Stairs down to main restaurant, 43 covers, very spacious with wine storage and drinks service station. Separate downstairs kitchen used for dishwashing, laundering of tableclothes, preperation of cold starters and desserts. Both kitchens converted by dumb waiter. Gas bottle storage on internal corridor with barrel store. Terrace running along 2 sides provides additional 30 covers.

1 x 4 bedroomed apartment on First Floor
2 x 2 bedroomed apartments on Second Floor

The living accommodation is currently rented out. The restaurant could be redeveloped into further living accommodation

Detailed Information

Website: http://rta-europe.com/?q=Property/PropertyDetail&refno=SP3078F

Real Estate Information

Property Type: Freehold

Size (Sq m or ft): 500130