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Freehold Commercial / Restaurant In Fuerteventura For Sale

Corralejo, Fuerteventura, Spain
Asking Price:
€500,000
Turnover:
Not applicable
Net Profit:
Not applicable

Fuerteventura Canary Islands Spain - Commercial Freehold Sale of this Fantastic Investment Opportunity In the popular resort of Corralejo in Fuerteventura where the perfect weather gives you an ALL YEAR business opportunity - Large Restaurant or Retail commercial where you can own your own business AND premises or rent it !
The Location:
Opposite a busy commercial shopping centre and fronting a main access road within the busy resort of Corralejo in the North of Fuerteventura the location has high visibility and busy footfall with other popular shops and eateries nearby that attract both resident and tourist visitors. The Campanario Shopping Center opposite organises weekly markets and special events and the immediate area includes many residential complexes and numerous hotels including Playa Park Hotel and the new 4 star Elba Corralejo now in construction.

The property:
This is a commercially registered ´Locale´currently operating as an English restaurant and Carvery popular with repeat clients the building can be re-purposed as a retail shop or other type of business. It includes at street level and with easy access from the pedestrian and bicycle path an attractive frontage with Pergola Terrace and full glass display windows looking out to the street lines with palm trees. The terrace can be used for restaurant clients or retail displays and as this is a corner position there is an extra side terrace available to use also.

Inside it includes a fully equipped kitchen, carvery station and service bar and is furnished with tables and chairs. The large glass frontage is complimented also by tall side windows as this is a corner position that allows in much more Natural light. The street level offers easy access and spacious working areas with approximately 107m2 available.

Internal stairs lead to the basement with an additional 104m2 of storage space it includes 2 WC for clients and an extra WC for staff plus 2 huge storage rooms.

This Freehold premises is sold including the current restaurant business and a full inventory of furnishings representing a very strong investment opportunity either as an Owner run business or to rent out. Monthly Community Fees are approximately 31 euros and the Annual IBI council tax is approximately 740 euros

Property Information

Real Estate:

Real Property Included

Location:

Prime Position along a main road with pedestrian walkways and opposite a popular shopping centre in the most sought after resort of Corralejo with beautiful safe swimming beaches and an International clientele

Premises Details:

Semi-detached freehold building with huge basement storage rooms.

Business Operation

Expansion Potential:

You could also opt not to run the restaurant and lease it out for approximately 45,000 - 50,000 euros lease with a monthly rent of up to 2,500 euros plus utility bills making this a great investment option

Competition / Market:

Currently operating as an English Restaurant with no immediate competiotion in the area the building is bought Freehold and can be re-purposed as a shop / retail unit