Restaurant Business & Property Opportunity in Pinoso.

Located on Paseo de la Constitución in the centre of Pinoso, this spacious restaurant presents an excellent opportunity for someone looking to establish or continue a hospitality business in a central location. The restaurant has undergone extensive renovation and is available either as a business takeover with a rental agreement or as a complete property purchase, including an additional plot of approximately 600 m².

The restaurant business is available for takeover for €60,000, with the premises available to rent for €1,000 per month. The takeover includes the existing furniture, equipment, inventory, trading name, and rental contract. The restaurant's established social media and online business profiles, including Facebook, Instagram, Google, and Tripadvisor, can also be transferred to the new owner if desired.

No staff are included in the takeover, as all previous employees have left the business. According to the information provided, there are no outstanding restaurant debts that would be transferred to the new owner. An inventory list is available detailing the items included in the sale, with only a small number of the current owner's personal belongings to be removed.

Alternatively, the entire property can be purchased for €400,000. This includes the restaurant, its existing rooms, furnishings and equipment, as well as an additional plot of approximately 600 m² located directly behind the restaurant. The plot currently contains a large storage building and extends through to the road at the rear. There is currently a wall separating the restaurant from the additional land.

The extra plot offers exciting possibilities for future development, subject to the relevant planning regulations and permissions. It could potentially be used for additional parking, an events or celebration area, further commercial space, or even residential development.

Inside, the restaurant offers a spacious dining room of approximately 100 m², a bar area of around 15 m², and a kitchen measuring approximately 25 m². There is also a separate washing-up area, extensive storage space, and customer toilets, providing a practical layout for a busy hospitality business.

The property has undergone substantial renovation since the current owner took it over, when it was in a significantly neglected condition. Most of the main areas have now been renovated, with only the washing-up area and second toilet still requiring further work. The first toilet has already been fully adapted for wheelchair accessibility.

Some finishing work remains, including the installation of air conditioning and replacement of the taps in the kitchen and washing-up area. The electrical supply provides 15 kW, which, according to the current owner, is sufficient for the existing restaurant equipment.

The restaurant has a valid operating licence, currently registered in the name of Grupo Resto Pora S.L. A range of supporting documentation is also available, including food safety and hygiene documentation, allergen information, temperature control records, and fire safety documentation. The electrical installation inspection report is still to be provided.

The original project from 2015 is also available and was largely followed during the renovation, with the main difference being the position of the bar. Additional business documentation is available, including menus, recipes, daily turnover records, invoices, and other administrative information.

There are currently no ongoing supplier contracts. Existing service agreements include business insurance, food safety and data protection support, the current cash register system, electricity, and pest control. The existing cash register system and equipment remain at the premises and are included in the takeover.

This property offers two attractive routes for a new owner: take over the established restaurant business and rent the premises, or purchase the entire property and benefit from the additional 600 m² plot with its future development potential. Its central location, spacious layout, extensive renovation work, and range of included equipment make this an interesting opportunity for an entrepreneur looking to establish a hospitality business in Pinoso.

We are a family company started by two brothers, Gary and Mike. Alicante Property was started after relocating our own families to Spain, and now we help other people find a new life and their dream home in the sun.
We take pride in listening and understanding clients individual needs and tastes and matching the best properties to right people. Our business has evolved over the past 5 years from the successful locally based 'PinosoVillas' to the wider reaching 'AlicanteDreamHomes' based in Elda and 'AlicanteProperty' in Aspe.