Commercial Property for sale

Commercial Property for sale

Algorfa, Alicante
295,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Make an Enquiry About This Property

Ref: TAR-68022
Property marketed by OLIVIA REAL ESTATE OLIVIA REAL ESTATE
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This family owned bar and restaurant has been extensively reformed to create one of the most welcoming establishments on the La Finca commercial centre. Over several years the bar has increased in size to create an amazing venue that people flock to for the live sports being shown on the various TVs in the bar.

The bar and outside terraces are always busy at any time of the year and the quirky gin bottle fountain on the terrace is a very nice feature and a perfect spot to relax with your favourite drink.

The restaurant has an extensive menu which caters for all tastes and offers breakfasts, lunches and dinner. Sunday roast dinners are also very popular. This bar has all year round trade with high incomes and is not relying on seasonal trade. The bulk of the clientele are regulars who live on La Finca Golf

There is a stage in the bar area for the regular live music acts and this bar is one of few to have an entertainment license.

You will see lots of sporting memorabilia throughout the bar and restaurant and this is all included in the sale of the property. The pool and snooker tables and big screen TVs are also included in the sale.

If you are an investor looking for HUGE return on investment then this could be the perfect opportunity for you! The fully trained staff are prepared to stay on and work meaning you can trade from day one of taking over.

EXTRAS INCLUDE :

FULLY STOCKED BAR
FULLY FURNISHED AND EQUIPPED BAR, KITCHEN AND TERRACE
AWNINGS ON THE TERRACE
TVS
2 SNOOKER TABLES
1 POOL TABLE
AIR CONDITIONING THROUGHOUT
PELLET BURNER FOR THE COLDER MONTHS.

There is so much more to this business so viewing is highly recommended to fully appreciate the opportunity

Contact us to register your interest and we can set up an appointment with the owners to discuss what is on offer and to prove incomes etc.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 370m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
 
Property Purchase Expenses
Property price
295,000€
Transfer tax 8%
23,600€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
295,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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