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Freehold Restaurant in Mojacar €1,375,000


Current Price: €1,375,000
New Price:
Rate data provided daily by European Central Bank
M2
230
Terrace Seating
100
Asking Price €1.375.000 Freehold
This is an amazing opportunity to acquire an established busy Italian restaurant, directly on the affluent promenade of Mojacar Beach. Selling due to owner retirement. This is an easily manageable business located in the main area for gastronomy in Mojacar, with great transport links along the coast.
Location:
This business benefits from a unique location directly located on a beach cove with stunning sea views, south facing with direct access off the promenade to the restaurant garden and terrace area. Within walking distance to the top residential areas with 5 hotels -mostly open 10 months of the year- and close to golf courses, local shops, supermarkets and other amenities.
Premises Details:
Originally constructed in 1971 for residential use, the property was highly susceptible to conversion and in 1997 obtained full consent from the local Mojacar Council and Coastal Protection Department and has been a fully licenced restaurant since 1998.
The total construction is 230 square meters plus a large glass conservatory of approximately 90 square meters.  In 2014 the kitchen, the bathrooms and utility areas were refurbished, updated and fitted out to the present very high standard. Fixtures and furnishings are of high quality (see inventory)
The layout is all on one level with 2 separate dining wings, and a centre dining room with a total indoor seating capacity of 90-95 and approximately 80-100 in the conservatory and the garden terrace area. 
There are 2 large washrooms, a service area for employees -with a separate access from the rear of the premises- and the kitchen is approximately 35 mt2 divided in to different areas as established by the Health & Safety regulations and fully equipped with a separate walk-in fridge area and cooling room. 
The friendly bar area is located directly in the centre of the property with easy access to all areas.
The landscaped garden surrounds the property which is fully walled-in and private with an off-road Car Park. 
Business Operation
Letting Potential:
 
This property is being sold FREEHOLD with NO CURRENT OCCUPIER.
Competition / Market:
 They have very little competition surrounding the premises partly due to their unique location.
Reasons for selling:
Owner is retiring and relocating to Italy.
Trading hours:
Monday -Sunday 7 nights trading from 7 pm - 1 am
Monday- Sunday 7 days at lunch time during the mid-high season.  12 am-4.30 pm
Employees:
11
Years established:
19 years

BB6875F
Mojacar, Almeria
Spain
Sale Type: For Sale
Ref #: BB6875F
Category: Restaurants
M2
230
Type of Purchase
Freehold
Interior Seating
95
Terrace Seating
100
Years Established
19 Years
BB6875F
Mojacar, Almeria
Spain
Sale Type: For Sale
Ref #: BB6875F
Category: Restaurants

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
BB6875F
Mojacar, Almeria
Spain
Sale Type: For Sale
Ref #: BB6875F
Category: Restaurants

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