UK BUSINESSESRestaurant For Sale - Costa Blanca North
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Asking Price: 975,000 Euros Freehold, Possibility to Purchase Premises Only at 795,000 Euros
• Highly Prominent Location
• Expandable opening hours
• Circa 220m2 of Internal Area Plus Terrace
• Owners/Staff Accommodation
• Potential for Strong Revenues
• Only 24 hours trade per week
• Regular & Loyal Clientele
• Ample Unrestricted Parking Immediately Outside
• Rare 7 Day Live Music Licence
• Will Convert into up to 3 Units if Required
A well substantial and well appointed restaurant, located within a highly desirable location within the Northern Costa Blanca, less than 1 hours drive from Alicante Airport. The business has enjoyed considerable success since its inception, however scope exists to increase the turnover significantly through additional on extended opening hours, in particular a lunchtime trade.
The restaurant is popular with visitors and residents alike and enjoys a strong celebrity clientele.
Internally the premises comprise of a fully air conditioned and heated restaurant which in its current configuration comfortably accommodates 64 covers, but which has previously seated 100 diners. There is in addition a large and comfortable bar/lounge area which at present serves only diners, scope exists therefore to develop wet sales further. Spread over 3 adjacent units, there is ample scope and flexibility to split the premises if so desired to create 2 or indeed 3 individual businesses and or to utilise one part of the existing restaurant area as extended living space, thus creating a very rare business having spacious accommodation. It should be noted also that this can be achieved without the sacrifice of covers.
In addition to the main dining and bar area, there is located to the rear of the restaurant 1 bedroomed accommodation along with shower room and an office which could easily be used as further living accommodation or adapted to alternative usage.
The kitchen is well fitted and comprises a comprehensive range of stainless steel units and professional catering equipment, a detailed inventory of which can be provided upon request.
Externally the premises benefit from a front terrace which the present owners do not use but which will readily take 40 covers. There is a car park immediately outside.
Presently, the current owners open daily excluding Tuesdays 7.00pm to 11.00pm scope exists therefore to expand the business with the introduction of later trading hours and/or to open 7 days per week, however of significant interest to prospective purchasers should be the opportunity that there is for lunch time service.
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