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Commercial for sale

Pinoso, Alicante, Valencia, Spain

£40,811 *  [€47,500]

Commercial for sale

Pinoso, Alicante, Valencia, Spain

£40,811 *  [€47,500]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 150 m2

Features


  • Fast Internet &Amp; Phone
  • Mains Electric
  • Mains Water
  • Walking Distance - Restaurant / Bar
  • Walking Distance To Town

Full Description


Restaurant for takeover or sale in the center of Pinoso. Restaurant for Takeover or Full Property Sale in Central PinosoLocated on Paseo de la Constitución 6, right in the heart of Pinoso, this spacious and largely renovated restaurant presents an excellent opportunity for anyone looking to establish a hospitality business in Spain or invest in commercial property.The property offers two options: take over the existing restaurant business for €47,500 and rent the premises for €1,000 per month, or purchase the entire property, including an additional plot of approximately 600 m², for €400,000.With much of the renovation already completed and the restaurant infrastructure, equipment and inventory in place, the premises offer the potential to start operating with relatively little additional work.Restaurant Business Takeover – €47,500The takeover includes the existing restaurant business together with the fitted kitchen, bar, dining area, lighting, décor, equipment, furniture and general inventory.The professional kitchen is equipped with a range of appliances and catering equipment, including refrigerators, freezer, oven, cooking equipment, extraction system and pizza oven.The dining area is furnished with tables and chairs, while crockery, cutlery, kitchen utensils and other necessary inventory are also included. A detailed inventory list is available, specifying exactly what forms part of the takeover. The owner's remaining personal belongings will be removed and are not included.Renovations & Remaining WorkThe restaurant has undergone significant improvements in recent years. The electrical installation has been renewed, a new extraction system has been installed, and the main dining area, bar and kitchen have been renovated and finished.Some work remains to be completed. The separate washing-up area still requires finishing, while the second toilet has not yet been renovated. The first toilet is fully accessible for wheelchair users.Air conditioning still needs to be installed, and the kitchen and washing-up area require new taps, as the existing ones have recently become damaged and are no longer suitable for repair.This provides a new owner with the opportunity to complete the remaining works according to their own requirements and style.Business, Branding & Online PresenceThe takeover includes the restaurant's trading name and rental contract.There is also the possibility of taking over the existing online presence, including the restaurant's Facebook, Instagram, Google and Tripadvisor profiles, subject to agreement.No employees are being transferred with the business, as all previous staff members have already left.According to the information provided, there are no outstanding restaurant debts that would be transferred to or affect the new owner.Spacious Restaurant LayoutThe restaurant offers generous internal space suitable for a variety of hospitality concepts.The current layout here room of approximately 100 m²Bar area of approximately 15 m²Kitchen of approximately 25 m²Separate washing-up areaLarge storage areasToiletsAdditional service and preparation areasThe generous storage and working areas provide plenty of room for day-to-day restaurant operations, food preparation and stock management.Licences & DocumentationThe property has a licencia de apertura (opening licence) in place. In the event of a business takeover, this can be transferred to the new owner through a change of name, subject to the relevant procedures.A range of supporting contracts and documentation are also available, here safety contract with ProfuegoHACCP contractData protection documentationPest control contract15 kW electrical certificateFood safety and hygiene documentationAllergen informationTemperature control recordsOriginal 2015 project documentationThe 2015 project was largely followed during the renovation, with the main difference being the current position of the bar.Various business records are also available, including menus, recipes, daily turnover information, invoices and other administrative documentation.The existing cash register and associated equipment remain in the restaurant and are included in the takeover.Option to Purchase the Entire Property – €400,000For buyers looking for a longer-term investment, there is also the option to purchase the entire property for €400,000.The sale includes the restaurant premises, existing rooms and facilities, as well as the furniture, equipment and inventory.A major additional benefit of this option is the inclusion of a separate plot of approximately 600 m² located directly behind the restaurant.The additional land currently contains a large warehouse and extends through to the road at the rear of the property. At present, the restaurant and additional plot are separated by a wall.Subject to the relevant planning regulations and permissions, this additional land offers interesting potential for future development. Possible uses could include additional parking, an outdoor area for events and celebrations, or potentially residential development.Central Location in PinosoThe restaurant enjoys a highly convenient position on Paseo de la Constitución, in the centre of Pinoso.Pinoso is a lively Spanish town with a good range of everyday amenities, including supermarkets, shops, cafés, restaurants and local businesses. The central location makes the property easily accessible and places it within the heart of the local community.An Opportunity with Two PossibilitiesWhether you are looking to take over an established restaurant premises or acquire the property as a longer-term commercial investment, this opportunity offers considerable flexibility.For €47,500, the restaurant business can be taken over with the existing equipment, furniture, inventory, trading name and rental contract, with rent of €1,000 per month.Alternatively, for €400,000, the entire property can be purchased together with the additional 600 m² plot, opening up further possibilities for future development.A spacious and largely renovated restaurant in the centre of Pinoso, with the flexibility to either take over the business or acquire the complete property and additional land.
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This property listing (ref: EDP60164T) is an advertisement supplied by Espana Dream Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8592 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.