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€ 179.995

BAR PLAZA

Valencia, Spain
  • 2
  • 2
  • sale
  • Bar-Restaurant

Property Description

HIGHLY PROFITABLE FREEHOLD CAFE/BAR BUSINESS FOR SALE

FOR THE INVESTOR A HIGH RETURN INVESTMENT PROPERTY INCLUDING A £20,000 RETURN FROM DAY ONE

PLUS FURTHER PRODUCING 15.4% A YEAR RENTAL RETURN ACCUMULATING GROWTH OF 300% PROFIT TO A £450,000+ YIELD

*PLEASE READ THE WHOLE ADVERT THOROUGHLY*

This is not a too good to be true offer! This is a 100% genuine once in a lifetime offer not to be missed.

I saw the potential in this opportunity and snapped up instantly 10 years ago. After a chat and a coffee I agreed a price, then a handshake and then completed and purchased within two days.

Someone now has the same great opportunity to do the same as I did and grab this with both hands and reap the rewards as I have done.

My timescale for selling the business personally is now running out very fast. After receiving a lot of unsubstantiated inquiries, and buyers that want to purchase but unfortunately unable either to sell their properties to complete the move or raise finance against their property.

I am now having to come to the conclusion that if I don’t receive any legitimate inquiries soon, I will be left with no choice other than to leave the Business for sale in the hands of the agent in Spain.

This is the last thing that I want to do, by doing this the primary disadvantage that will have the biggest impact to a buyer is that the price will have to rise by probably £10,000 to cover all the Agents fees.

Furthermore the buyer will only have the option to buy the business only. At the moment you still have the chance of getting all the convenience of buying a business, getting great accommodation and having support from someone (me) that will be with you to help you every step of the way, to make your new purchase as smooth and hassle free as possible, whether it is to run your intention to own and run your business or purely for the investment returns.

The offer is for a Freehold Cafe/Bar Property that is Fully equipped, fully legal Fully Licensed as a Café/Bar Business with hot food extraction license (very important here ) Alcohol license, in Spain it is the business premises that are licensed not the person or staff running the business, we also have a music license.

The Property/Business is located in the very beautiful town centre of EL Campello Alicante in between Alicante and Benidorm only a minute from the beach. The business is for sale at £149,995 GBP with everything included in the sale price and possibly with some negotiation.

Plus the incredible bonus to an Investor/Purchaser of a £20,000 return from day one of signing a new contract with the waiting tenant so in actual fact only a £129,995 outlay.

This is also a great opportunity for a couple or family to purchase a very rare freehold highly profitable cafe/Bar business that offers a very high income along with a great work/life balance

This business is only now coming to the market after being owned by myself for the last ten years due to retirement and Emigration to Canada.

I would like to sell my property fairly quickly now as I have now purchased my new property in Canada and would like to get on with the move.

Please do not take this as an opportunity to make a silly offer as some have tried already as the sale is not a crisis sale, I can as explained earlier just leave it with an Agent and move on.

INVESTMENT
To the Investor this purchase/investment offers you a £20,000 return on day one plus a 15.4% £20,000 a year rental return income. Looking only on a further 10 year plan this will return a 300% profit and a final return of £450,000+To achieve this the increase in the property value only has to rise by a minimal increase of only 2.4% per annum increasing the resale value to £250,000 over a 10 year period

Due to the circumstances explained, plus taking into account income from the property I am willing and able sell the business well below the current market value. I have two valuations that you can see in the pictures, the highest valuation is £196,000 the lowest valuation is £172,800.

SALE PRICE ONLY £149,995 GBP NEGOTIABLE WITH SWAP/PART EXCHANGE FINAL PAYMENT OPTIONS

FOR A COUPLE/FAMILY NEW BUSINESS
For the couple or family who are looking to move and start a new life in Spain this is definitely a once in a lifetime chance to own and run your own very highly profitable Cafe/Bar business, to the genuine interested buyer I will give you some idea of the earnings and benefits available to new self-employed Café/Bar owners in Spain

I will also stay on for a month or longer if needed to help you in all areas to start your new life here in Spain giving you all my knowledge of running a profitable business in a town that I have lived in and have extensive knowledge of for around 15 years.

ACCOMMODATION
I also have a modern two bedroom two bathroom fully furnished sea view apartment with 55" 3D smart Wifi full Sky TV that I have paid to have installed, these and some other extras in the apartment will also all be included in the sale price.

I rent my apartment now that I have sold my Villa and hopefully I should have no problem passing my apartment on to the new owner of the Business or Investor if they need it for their staff. I am may also be willing to negotiate and include 6 months or 1 year's rent that I will pay up front on your behalf so you have a year to live in a beautiful apartment including garage parking with your new business being only a minute away

THE FULL PACKAGE
If you are wanting to move to Spain for a new lifestyle with a great Work/Life balance or just Retire and live off the rental income alone this is genuinely a one off opportunity to have THE FULL PACKAGE. Great income from the business and an apartment to live in with all the help from me that you need.

I will be here for you and help you every step of the way, to help you through all the legal process of registration for NIE and MEDICAL registration, Government discounts and advantages for new self-employed, AUTONOMO registration and if necessary help with Food suppliers, Beer companies, Menu's etc, everything that goes with owning and running a new Business in a new country.

I have had the same accountant and the same solicitor here for over 10 years that I will introduce you to so they will also continue to look after your future.

I have over 20 years’ experience in Spanish business, all this experience that goes towards making your purchase/investment or your move and new life here in Spain as smooth and hassle free as possible.

When looking at any other business or investment to buy you are normally only looked after up until the point of sale. Once you get the keys in your hand then that's it! I know this from experience you are left on your own to get on with it.
The agent or other seller have had their money and that is all they are interested in. NOT WITH ME NOT WITH THIS OFFER AT THE MOMENT ALTHOUGH TIME IS RUNNING OUT

INVESTMENT COMPARABLES
Firstly if you were to purchase a buy to let property in the UK for £129,950 in most areas a good rental return will be in the region of £500 per month or £6000 a year if you are able to find a good property in a good area. THIS IS A VERY LOW RETURN OF ONLY 4.6%

Looking at some of the cheapest Terraced houses around £70,000 finding and buying 2 of those will only return you around £400 a month, that is still only £9,600 a year return 6.8% on your £140,000 OUTLAY Plus you are having to deal with two properties and two sets of Tenants.

This information is based on 30 years knowledge in buying/selling and investing in residential/commercial property in four different countries and many different counties in the UK.

I have 15 years Business/property experience in this town owning transforming and selling several other businesses but this particular property being such a good investment I have kept for the last ten years.

There is so much more to discuss with the person who is genuinely interested in purchasing my property either to run their own highly profitable business or purely for the Investor looking at the very high investment return.

For this reason I am not prepared to try and deal over the internet to anonymous emails, genuine people spending this amount of money who want to invest or move to Spain to make a new life will want to talk and listen to all the information available. This is very important.

For your peace of mind I am also registered with Rightmove so they have all of my personal and financial details on record.

To contact me my telephone number is 033 39 39 7251 this is a BT local rate call
Or Spain 0034 666 941 118 / UK mobile 0044 7900 932002 I look forward to hearing from you.

Additional Details

Living Space : 156

Lot Size :

Furnised : yes

Garage : yes

Central Heating : no

Air Conditioning : no

Garden : no

Pool : yes

Features : HIGHLY PROFITABLE BUSINESS, GREAT INVESTMENT OPPORTUNITY, £20,000 RETURN FROM DAY ONE, £20,000 PER ANNUM RENTAL INCOME, 15.4% RENTAL RETURN, 300% PROFIT GROWTH, RETURNING £450,000 ON A 10 YEAR PLAN, 100% GENUINE OFFER OWNED 10 YRS BY ME,

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