Popular Country Bar Cafe In Inland Costa Blanca For Sale

Business description

Located on the edge of a bustling country village just 20 minutes from the coast, this popular locals bar makes good use of its spacious garden with regular live music events and outdoor eating to attract the hundreds of British expats who live in the area. The bar was completely refurbished to current EU standards in 2005 by the present owners, who used their long experience running pubs in the UK to design a delightfully comfortable and welcoming bar/cafe that is both easy and practical to run. The front covered terrace seats 24 people at tables with lovely mountain views and is ideally placed to capture passing trade. There is a large car park at the side of the premises and direct access into the huge garden, which can easily take over 100 people and is the venue for live music performances every Thursday and Saturday evenings - customers enjoy ´basket meals´ while being entertained as the sun goes down. The present owners are selling to retire and spend more time with their family. They have built a good locals business here, the overheads are ridiculously low for the size of the place and everything is in perfect condition - if you fancy a lively Bar/Cafe in a beautiful country area this is the one!

Property information

Real Estate:

Lease

Lease terms:

5 years renewable. A buyer would get a new contract for 5 years direct from the landlord.

Leasehold rent:

€8,700 per annum

Location:

Located on the edge of a lively country village in the Jalon Valley, a mountainous area only 20 minutes from the coast known for its wine grapes and almonds. There is a very large British, German and Scandinavian expat resident population here.

Premises details:

A detached typically Spanish property with a large garden at the side.

Size in square feet:

1,065

Other information

Expansion potential:

The opening hours are currently limited to suit the owners´ lifestyle (they originally came to Spain to retire) and could be extended.
Live music is currently only offered twice a week, this could be increased and a barbeque installed in the garden to attract people for outdoor eating and entertainment.

Planning consent:

The Bar has all Licences and permissions required.

Competition / Market:

The large garden is an ideal venue for live music events and makes the bar unique in the area.

Support & training:

The sellers would provide training and support if required.

Reasons for selling:

The owners are retiring to spend more time with children and grandchildren.

Trading hours:

Mon/Thu/Sat - all day. Tue/Fri/Sun - 10am to3pm. Wed - closed.
Note: These hours are to suit the owners´ lifestyle and could be extended.