Commercial Property for sale

Commercial Property for sale

Algorfa, Alicante
295,000
 
1 / 0

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Ref: 707144
Property marketed by Girasol Assen B54983077
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Sports Bar Restaurant for Sale

We are thrilled to present for sale, either as Freehold or Leasehold, one of the most renowned Sports Bars in the area, boasting a music license. This well-established sports bar and restaurant has gained a stellar reputation for its fantastic atmosphere, top-notch entertainment, and delicious food, drawing in a large number of patrons. The venue is located on La Finca, making it a sought-after destination for locals and visitors alike.

Property Descriptionnbsp;

The business is comprised of four units that together create an excellent opportunity for any prospective buyer:

1. Bar Area, Stage, and Seating (85 m2) - This section forms the heart of the sports bar, providing ample space for patrons to enjoy drinks, watch sporting events, and be entertained on the stage.

2. Restaurant and Kitchen (85 m2) - The restaurant area is well-equipped with a kitchen to serve delectable dishes to the customers, enhancing their overall experience.

3. Lounge and Darts Area (115 m2) - The lounge offers a cozy space where guests can relax and socialize. Additionally, there is a mezzanine floor dedicated to darts, adding an element of fun and entertainment.

4. Snooker and Pool Room (85 m2) - This section caters to sports enthusiasts who enjoy playing snooker and pool while savouring the ambiance of the sports bar.

Outdoor Featuresnbsp;

The property also includes a wrap-around terrace, providing options for additional dining or seating. Customers can enjoy a tranquil setting near a water feature. An awning is available to protect against changing weather conditions, ensuring comfort for all visitors.

Key Featuresnbsp;

The sports bar comes with a range of attractive features to enhance the customer experience:

- Air-conditioning throughout the premises to maintain a comfortable environment.

- Sports memorabilia, creating a unique and engaging atmosphere.

- All necessary equipment and stocked inventory for a smooth transition.

- Fully trained staff, providing continuity and maintaining the bar's exacting standards.

- Music license and limiter, enabling live entertainment and music events.

- Multiple TVs for broadcasting various sports events, attracting sports enthusiasts.

- A stage for live entertainment, making the bar a hub for performances and events.

- Darts area, adding an interactive and competitive element to the venue.

- Two snooker tables and a pool table, catering to fans of cue sports.

Opportunity Detailsnbsp;

This exceptional opportunity is available for 295,000 euros, and it includes all fixtures, fittings, and stock. The current owners have decided to sell as they aim to focus on other aspects of their business ventures. The bar's reputation and loyal clientele provide a solid foundation for a new owner to continue its success.

Price and Availability

This fantastic business opportunity is available for 295,000 euros, encompassing all fixtures, fittings, and existing stock. The current owners have decided to sell as they wish to focus on other aspects of their business ventures. To ensure you do not miss this chance, we recommend scheduling a viewing by appointment only. During the meeting, the current owners will be happy to show you around the establishment, provide access to business records, and address any specific inquiries you may have.

If you are as enthusiastic as we are about this incredible sports bar and restaurant opportunity, do not hesitate to contact us today. Take advantage of this chance to acquire one of the most sought-after venues in the area!

Property Features

  • 0 bedrooms
  • 2 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:
%
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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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