Asking Price: €280,000 (Freehold Bar & Restaurant)
• Rare Opportunity to Purchase Freehold Bar & Restaurant in this highly regarded Village
• Long Established & Popular Restaurant in Excellent Location
• Genuine Potential to Increase Income
• Adjacent 3 Apartments & Large House also available for sale, separately
This long established and popular bar/restaurant with 45/50 covers is available to purchase on a freehold basis. A beautiful terrace complete with columns and arches and situated next to Mojacar´s traditional old church is also available to rent for only €500 per year. A further 50 covers could fit here. The restaurant is air-conditioned and also has a cellar as well as 2 cloakrooms. It is in the centre of this very traditional village where there is an abundance of atmosphere.
Currently the business is only open 6 evenings each week for 9 months of the year so there is considerable scope for increasing the turnover and, therefore, the profit. The owners have been running the restaurant for 25 years and now would like to retire.
There is the added opportunity to purchase 3 one bedroomed apartments, currently let at 350 and 450 euros per month, as well as a large characterful house with 4 bedrooms, 2 bathrooms, 2 kitchens, 2 reception rooms and a sun terrace with sea views. These are adjacent to the business.
The owners will consider the sale of the bar and restaurant only, at an asking price of 280,000 euros; or any combination of the accommodation:the restaurant and the apartments together, or the restaurant and the house only or all of the properties. The owners are happy to consider any combination to suit prospective purchasers.
The business is situated in the heart of this delightful Almeria town and is set high up in the mountains enjoying panoramic views across the valleys to the blue Mediterannean Sea.
It is positioned close to a car park and there is an excellent local bus service which travels regularly to the beach. The town is one of the main tourist attractions of Almeria province.
In brief, the business offers a delightful restaurant of around 120m2, split over two levels. The dining area offers seating for 45 to 50 clients. There is a washing up area, store room and two cloakrooms. From the restaurant large double doors open into a reception hallway with a door leading to the apartments. Each of the apartments has one bedroom, sitting room, kitchen and bathroom. Stairs lead up to the first floor and to the house, currently divided into 2 further apartments.
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