Asking Price: €750.000 Freehold (REDUCED from €1.200.000)
•150 Year Old Attractive Character Restaurant and Guest House
•Good Parking with Private Gardens & Pool
•3 Bedroom Owners Accommodation
•4 kms From Beach and Town
•Rare Freehold Opportunity
•Huge Potential to Increase the Restaurant Trade by Increasing Hours
•Great Scope To Expand Number of Guest Rooms
•For Sale Due to Retirement
A rare opportunity to acquire a well sited, family run, 150 year old Restaurant and Guest House located near a coastal town in the North Costa Blanca. Well located and only 4kms from the town and beach with all facilities at hand. Situated next to a new residential urbanisation with properties ranging from €500.000 to €1.000.000 in value. About 1 hour and 10 minutes from Alicante airport.
The ground floor has the restaurant/bar area with 45 covers, large fully equipped kitchen, cold kitchen and office.
The first floor has 5 en suite bedrooms and a 3 bedroom owner’s apartment, with lounge, kitchen and bathroom.
A roof terrace is an added attraction, the surface area of which could be used to extend the Guest House accommodation.
Externally, the front terrace accommodates 40 covers, but this could be increased as the property has 3.500m2 of gardens and a swimming pool. There is also ample parking for 25-30 cars.
The property has room for improvement.
The trading hours of the restaurant are 7pm-11pm every day but closed on Sunday with huge potential to increase the trading hours. The owners close 2 months of every year.
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.
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