CDA747 - Venta Alfaix €179.000

Business for sale – Take over a Bar Restaurant with fully fitted kitchen and big terrace. The restaurant currently covers 70 inside and 70 outside, so this offers an interesting opportunity to continue this going concern.

A fantastic opportunity to purchase a very well-established Restaurant Bar superbly located in Alfaix next to a mini supermarket and HPB.  El Pueblito de Alfaix is part of the Holiday Property Bond portfolio offering 105 properties, and currently expanding.  With the amazing clientele this offers, the restaurant is pre-book only and although currently only chooses to open 10 months of the year from 3pm (dining hours 6:30-9pm), there is easily a potential for a breakfast and lunch trade.

The restaurant currently covers 70 inside and 70 outside.  The premises are equipped to a high standard and stylishly furnished throughout, everything as seen is included in the lease.  From the front terrace you have three points of entry; main and side doors into the bar, plus patio doors into the dining room.

· THE BAR has a separate storeroom and is fitted with air conditioning, TV, Bar-tap, furnished with a long-curved bar, tall tables, bar stools, fridges, glass dishwasher, sink and two large cloakrooms (ladies with baby changing facilities).

· DINING ROOM: Double doors lead into the sophisticated dining room that features brick detailed dividing walls, a stage for live performances and high ceilings for super acoustics.   

· KITCHEN:  Double swinging doors take you into the large kitchen, divided into several parts with a storeroom with shower room, back door with patio, further room with industrial fridges and freezers and main kitchen with industrial stainless-steel equipment including a double oven, 8 burner range, deep fat fryers, large extractor fan, boiler, industrial size sink and dishwasher.  Lots of shelving and storage allows for a clean and efficient working space.

Property with a usable build of 253.11 m² and terrace of 82,59 m² including garden area.  Commercial rubbish collection.  Currently run with 3 waiters and 3 kitchen staff.  Rates and turnover available and a part exchange for any assets may be accepted.  Property viewings are strictly by prior appointment only.

If you are interested in taking over a going concern business in a prime location and a proven track record but have little experience as a restauranteur, the owner of the business is happy to stay on for a period to be agreed between the parties for handover and training.  Staff are happy to continue, and all stock would be included.

Also included is a generous First Option to Purchase clause that offers additional security for your business venture to grow in the future.  In short, here you have the tools and passing trade for a successful business ready to function from day one.

Standard forms of payment:

Reservation deposit: 3,000€
Remainder of deposit to 10%: 14.900€
Final Payment on completion: 161.100€

For more information about the property including all the legal documentation as set out in the regional decree 218/05 of 11th October please contact us by phone or e-mail.