Commercial Property for sale

Commercial Property for sale

Cornellana (Salas), Asturias
110,000
 
  • 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
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Bar Mayo - Business Opportunity
Bar Mayo in Salas is large and well appointed bar and restaurant is for sale in the lovely town of Salas. The business sits beneath an apartment block and has ample parking outside. There's also a patio area in front of the bar for outside seating with a roll out sunshade for the summer months.

Bar
Inside, the large U-shaped bar area is very well designed and offers a great workspace. There's plenty of room for several people to move around the inside of the bar whilst working. There is a kitchen with serving hatch and a store room attached as well as male and female toilets. The storage room is very large and could be converted into a live-in apartment. This would be an ideal business and accommodation in one, either for yourself, or to potentially rent out.

Facilities
There is central heating installed in the bar as well as TV and a foosball table. Wifi is also available. Large windows at the front and to the rear of the bar offer lots of light and make the bar feel bright and airy. Additionally, the restaurant area is well stocked with tables and chairs. Furthermore there's fridges, coffee machine, glasses, glass washer, display unit for food and a cash register. Seating is available for around 50 people.

Apartments
If running a bar is not on your agenda, this property also has a set of architect's plans drawn up to convert the premises into a three bedroomed apartment. See the floor plan below. Plus there's also space to convert the storage area into another smaller studio apartment, however there are no architect plans for this at present.

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • 175m² Build size
  • Bar and restaurant
  • Storage rooms
  • Kitchen
  • Bathrooms
  • Parking
  • Patio
  • Camino De Santiago
  • Business opportunity

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
 
Property Purchase Expenses
Property price
110,000€
Transfer tax 10%
11,000€
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.

Mortgage Calculator

Mortgage Amount:
110,000€
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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