For Sale - Freehold 69,000€ - Bar Non Food, Hospitality
This spacious commercial 111m2 unit is located on the first floor of the popular Commercial Centre of Flamenca Beach in Southern Costa Blanca.
The popular centre boasts many busy restaurants, bars and other businesses. This represents a great long-term investment.
Flamenca Beach is less than 1 km to the beautiful Playa Flamenca blue flag beaches yet it is in surrounded by many thousands of homes, many of whom live there most of the year. For this reason and due to proximity of the N332 national road and the AP7 motorway, there is plenty of passing trade.
In order to open and run a new business in Spain it is OBLIGATORY to have an opening licence in your (or your company) name. With most municipalities in Spain (including Torrevieja), it is not permitted to open a business without having an opening licence in place, however, because of the backlog in Orihuela Costa it is possible to open once renovation work has been completed and an opening licence application has been made to the town hall, so if you want to open a shop or café-bar and you have done all this you could open the next day.
It then takes at least one month for the town hall inspectors to inspect that all work has been completed according to regulations and the plans submitted. Other types of businesses/uses must comply with a whole range of varying regulations, a café-bar is totally different to a pub, an engineer is essential.
Before signing any contract or paying any deposit it is highly advisable that you employ the services of a qualified engineer or architect. For a small fee of 150€, an engineer will check that the property or properties you are interested in, are fit for purpose. The engineer will advise you what work and paperwork you will need, to obtain an opening licence. If all that is needed to obtain an opening licence (rarely) is to change the name, then the cost will be 350€. Normally an electrical project and opening licence project will cost about 1,600€ however most engineers will deduct the original 150€ from this price. Payments are subject to 21% IVA (reclaimable).
We are happy to give you the contact details of an English speaking, well experienced engineer who has specialised in dealing with the town halls in this area (Orihuela Costa, Torrevieja, Torre and Pilar del la Horadada).
Viewing this business. Please be advised that this is a confidential sale and as such members of staff and customers at the premises may not be aware that the business is on the market. Please do not make direct approach to the premises, all viewings should therefore be arranged through the vendors agents Direct Business Brokers We will be happy to assist with flight and accommodation arrangements to facilitate a viewing.