Commercial Property for sale

Commercial Property for sale

San Miguel de Salinas, Alicante
99,950
 
  • 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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Ref: SCO-26110
Property marketed by Sunland
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An exceptional opportunity to take over the traspaso on a well-established and highly popular bar/restaurant in San Miguel, offering strong year-round trade and a loyal customer base.
This impressive 341m² venue accommodates up to 170 guests and includes a vibrant terrace with seating for 70, creating the perfect setting for both busy summer evenings and consistently strong winter trade.
Its reputation as a lively social hub is reinforced by its live music licence and permission to play music until 1:30am, making it a go-to destination for entertainment and nightlife in the area. In addition, the unique ability to close the street once per month for live events provides a fantastic opportunity to host larger-scale entertainment and boost revenue even further.
Inside, the venue is fully equipped for immediate operation, featuring a fully fitted professional kitchen capable of supporting a full food offering. A particularly unique advantage is the inclusion of an on-site barber shop, creating an additional income stream and setting the business apart from typical bar/restaurant offerings.
The venue has built a strong community presence, currently hosting two pool teams and two darts teams, which helps maintain regular footfall and a loyal customer base throughout the year.
The business is being sold as seen, allowing for a smooth and immediate transition. There are 6 years remaining on the lease, with a very reasonable monthly rent, making it an attractive and sustainable opportunity.
This is a turnkey opportunity with multiple revenue streams, a proven track record, and a reputation as one of the area’s most vibrant venues. Ideal for an experienced operator or anyone looking to step into a busy, profitable business with strong foundations and clear potential for further growth.

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • 341m² Build size
  • Air conditioning
  • Modern
  • Near golf
  • Near schools
  • Near town
  • Near hospital
  • Near airport

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,995€
Final Payment of 90% on completion
89,955€
 
Property Purchase Expenses
Property price
99,950€
Transfer tax 8%
7,996€
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:
99,950€
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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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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