Listings

Restaurant for Sale in Mil Palmeras €700,000


Current Price: €700,000
New Price:
Rate data provided daily by European Central Bank
Exterior Size(m2)
5605.29

Asking Price 700,000€ Freehold.    

Fabulous Bar/Restaurant & Complex

  • ·      Massive Potential for Events Venue
  • ·         Owner Retiring
  • ·         Large Swimming Pool
  • ·         Must Be Seen

Business Broker Spain are proud to present for sale a fabulous and highly successful bar/restaurant is situated on 5606m2, with a garden area for pool users over 3,000m2, the new pool is 21 x 10m2.  Located in Mil Palmeras 700m from the beach and close to the weekly market in Mil Palmeras. The premises are leased for 10 years producing a rental income of 2,325E per month.

As you would expect there is a large commercial kitchen with all working appliances.  619m2 of bar with 2 dining rooms (1 is private for separate events), large outside BBQ, 6 toilets and showers, A/C with heating.  There is parking on the plot and a free public car park outside the premises.  Also there is the possibility to return the 2 tennis courts that it used to have as well as the football/basketball courts.

It is a business that is open all year and is very busy in the summer months with an international clientele, Retirement is the reason for the sale and the same owner has had the business since 1986. This is a very strong business with huge potential to either open all year round or just for the summer months. Plus there is a possibility to change it to either a campsite or a hotel.

About Mil Palmeras

Mil Palmeras is part of Pilar de la Horadada. It has a sandy beach and a promenade which, with a few small deviations, runs the length of the beach and takes you north to Dehesa de Campoamor or south to Torre de la Horadada. The village has a little square and a great 'restaurant alley' which is packed with international restaurants and the Lo Monte Natural Park which is a special reserve for birds.

 

Viewing Arrangements


Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.

Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.


Pilar De La Horadada
Pilar De La Horadada, Alicante
Sale Type: For Sale
Ref #: BB6396F
Type of Purchase
Freehold
Interior Seating
175 & 300 in Function Room
Interior Size(m2)
619
Exterior Size(m2)
5605.29
Years Established
28 years
Pilar De La Horadada
Pilar De La Horadada, Alicante
Sale Type: For Sale
Ref #: BB6396F

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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.

 
Pilar De La Horadada
Pilar De La Horadada, Alicante
Sale Type: For Sale
Ref #: BB6396F

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