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Ref: AG19150425
Property marketed by Spain Property Shop S.L
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Additional InformationA truly incredible opportunity to buy a very well established furniture and soft furnishings business with over 20 years trading in the area of Los Alcazares Murcia. If you feel you have what it takes to run your own business with a fantastic turn over contact us now for more details and price.We are happy to provide more information and answer any further question after receiving your qualified request. Asking Price: €275,000Furniture / Fixtures and Inventory / Stock and delivery van included. Turnover: €250K - €500K Net Profit: €50K - €100KDelivery Van Included in the price.Property Information Real Estate: Lease Lease Terms: 5 years new lease. Leasehold Rent: €12,852 per annum Location: Los Alcazares Industrial Estate. Premises Details: Warehouse and Shop Furniture / Fixtures value:€37,000- included in the asking priceInventory / Stock value:€25,000 - included in the asking priceBusiness Operation Expansion Potential: With the new Santa Rosalia Resort next to the shop it will open many opportunities to develop the business further. Competition / Market: We were the first furniture shop on the industrial estate in 2004, and are still going strong. There is a new resort development next to the shop which will give you an even better turn over in the near future. Reasons for selling: Retirement Trading hours: Monday to Friday 10.30 - 14.30 Huge online sales with further expansion possible via social media. Employees 3Years established:20Other Information -Support & training we will be happy to help with any training and support to the buyer, if required.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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.
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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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