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Property marketed by Lavanda Real Estate SL
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Dont miss out on this thriving and well-established bar/resturant business located in La Fuente, Orihuela Costa. With a seating capacity of over 100 guests, this professionally managed venue enjoys a strong reputation and consistent customer base.
The bar hosts popular weekly events, including its famous Sunday Roast that serves over 120 meals weekly, as well as themed evenings like Fish & Chips and Steak Night, ensuring a steady flow of patrons. It comes fully equipped with all necessary kitchen appliances, fridges, tables, and chairs, offering the possibility to update terrace furniture through the brewery if desired. It also serves as the perfect venue for private events such as birthdays, baby showers, wedding receptions, work gatherings, and much more, offering endless possibilities to generate additional revenue streams.
Security is well-covered with an advanced alarm system and cameras, and the business is completely compliant with current regulations. The license has been recently renewed, and all pest control measures and fire extinguishers are up to date, ensuring a smooth and worry-free operation.
The spacious layout includes a 173 sqm terrace ideal for outdoor dining and entertainment, a 4.20 sqm storage room for efficient organization, restrooms spanning 24.03 sqm and 15.20 sqm, and a 10.80 sqm kitchen designed for optimal functionality, bar area 11.50 sqm and a inside dinning area 1112.50 sqm.
This is a fantastic opportunity to take over a a fully operational bar with a strong revenue stream, located in a prime area with a loyal customer base. Whether you're expanding your business portfolio or pursuing a dream of owning a bar, this property is ready to deliver success.
The bar hosts popular weekly events, including its famous Sunday Roast that serves over 120 meals weekly, as well as themed evenings like Fish & Chips and Steak Night, ensuring a steady flow of patrons. It comes fully equipped with all necessary kitchen appliances, fridges, tables, and chairs, offering the possibility to update terrace furniture through the brewery if desired. It also serves as the perfect venue for private events such as birthdays, baby showers, wedding receptions, work gatherings, and much more, offering endless possibilities to generate additional revenue streams.
Security is well-covered with an advanced alarm system and cameras, and the business is completely compliant with current regulations. The license has been recently renewed, and all pest control measures and fire extinguishers are up to date, ensuring a smooth and worry-free operation.
The spacious layout includes a 173 sqm terrace ideal for outdoor dining and entertainment, a 4.20 sqm storage room for efficient organization, restrooms spanning 24.03 sqm and 15.20 sqm, and a 10.80 sqm kitchen designed for optimal functionality, bar area 11.50 sqm and a inside dinning area 1112.50 sqm.
This is a fantastic opportunity to take over a a fully operational bar with a strong revenue stream, located in a prime area with a loyal customer base. Whether you're expanding your business portfolio or pursuing a dream of owning a bar, this property is ready to deliver success.
Property Features
- 0 bedrooms
- 0 bathrooms
- 206m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,000€
Final Payment of 90% on completion
72,000€
Property Purchase Expenses
Property price
80,000€
Transfer tax 8%
6,400€
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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