Successful family restaurant business, selling due to the retirement of the owners

A unique business opportunity is now available for purchase in a prime location close to Arenal Beach. This successful family-run restaurant has built a loyal customer base, attracting both locals and expats on a daily basis. The property boasts a large terrace, perfect for outdoor dining and taking in the surrounding scenery. The restaurant is being sold as a freehold property, offering a spacious layout that includes a kitchen, bar, bathrooms, a large dining area, and expansive terrace. This well-established business provides a fantastic chance for new owners to continue a thriving venture. The purchase price for this commercial property is €475,000. For those interested in an alternative option, a traspasa/transfer fee of €70,000 is available, with a monthly rent of €1,300. For buyers, it's essential to consider the complete costs involved in purchasing a resale commercial property in Alicante, Spain. Without a mortgage, the estimated total purchase cost ranges from approximately €529,500 to €533,500. This includes the purchase price, Property Transfer Tax (ITP) of 10%, notary fees, Land Registry fees, lawyer/conveyancing fees, and optional administration/gestoría/NIE costs. If a commercial mortgage is considered, the total estimated purchase cost ranges from approximately €531,700 to €540,800. Additional costs in this scenario include a mortgage valuation fee, mortgage notary and registry fees, and a bank arrangement/opening fee. Don't miss this highly recommended opportunity to own a successful restaurant business in a prime location. Discover your next home in the sun with Real Estate by Gardewik – experts in luxury properties on the Costa Blanca since 1986.