Hotel Bar Restaurant in Nr Villa Martin, Torrevieja (ref: tv28022)

Location: Nr Villa Martin, Torrevieja
Property Ref: tv28022

Superb location

Asking price: E980,000

(See Below For Interesting Payment Terms)

Business description

Very large 300m2 Bar and Restaurant .

Potential to expand business.

A six room Motel with a further 200m2 as well as a further 200m2 of terraces .

This newly built Motel is situated on the edge of a busy town overlooking miles of orange and lemon groves. It is ideally placed in a lovely rural setting, for all types of holidays and breaks. Golf enthusiasts will have the opportunity to play on any one of the 5 excellent courses that are within a 20 minute drive.

Local facilities include horse Riding ,quad bikes, fishing , walking and sight seeing. There are numerous beaches within a short drive or make a base for exploring the historic area of Murcia and Alicante. There are 6 magnificent double rooms, with en-suites,4 of which have sun terraces. All have sat Tv and internet connection.

Real Estate: Freehold property

Living accommodation:

Yes but no. The property does come with 6 very large double rooms with en-suite.which is part of the motel.

Location:

Country setting on main road to three different towns.

Expansion potential:

The potential has never really been exploited. We are just starting horseriding and boating holidays.

Competition / Market:

No competition in the near vincinity or near future.

Support & training:

I am sure that any potential buyer will have there own ideas and will be wanting the last owner out straight away.

Reasons for selling:

I am the freehold owner. I am looking to relocate to another area of Spain.

Business Details

Large 300m2 Bar/Restaurant with 64 covers inside with a further 80 on the large outside Private Terrace.

Recently re-fitted professional kitchen with top of the range equipment including Volcanic steak grill. The restaurant is run as a Steak House and enjoys more customers than any other restaurant in the area.

Air conditioning/Heating throughout plus legal smoke extraction units which are rare to any bar/restaurant.

The building comprises of all that you see in the photos with a further 200m2 space to expand the already busy 6 large room motel.

The Motel is situated on the edge of San Miguel de Salinas overlooking acres of orange and lemon groves and ideally placed in a lovely rural setting for all types of holiday breaks. There are 5 golf courses within 20 minutes drive plus local facilities including, horse riding, trekking, hiking, quad bike trails, mountain biking etc. Numerous beaches are nearby plus the opportunity to explore historic Murcia and it's surroundings.

The sale includes a Ford Transit minibus, Full Legal Spanish Limited Co with bank accounts and business acounts.

Further Opportunity:

The owner is prepared to let you Test Drive the business (Try Before You Buy) for an initia deposit of €85,000 and a monthly rent of €3,000. The owner will grant a 2 year rent contract. The owners will refund the €85,000 deposit at any time during the contract les expenses or use the deposit towards the purchase price. That is how confident the right person/s will take up the purchase of this incredible business.

Price corrected 10.04.08

Other Information:

Expansion potential:

The potential has never really been exploited. Horse Riding and Boating holidays have recently started and going well.

Competition Market:

No competition in the near vicinity or near future.

Support and Training:

We are sure that any new owner will have their own plans and ideas and will want the previous owners out the way as soon as possible.

Reason for Selling:

The owner is re-locating to another area of Spain.

Financing:

SPANISH LOW INTEREST MORTGAGE AVAILABLE

Furnishings/Fixtures;

€250,000

Inventory stock value:

€11,000

Note: The exact prices are quoted in Euros (€). The £ price is for guidance only based on : € 1.14 = £1.00.

Disclaimer:
The particulars on this website do not form part of any contract. Neither Euro Business Consultants nor any of its partners, employees or agents is authorised to give or make any warranty on behalf of any party. Whilst information and particulars are given in good faith, intending buyers/tenants must satisfy themselves independently as to the accuracy of all matters on which they rely upon. All negotiations are subject to contract.

Hotel Bar Restaurant - €980,000 (£859,649)

Business description