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Friendly And Vibrant Bar Resort In Alcossebre For Sale

Alcossebre, Castellon, Spain
Asking Price:
€169,000
Turnover:
€224,000
Net Profit:
Available on request

Nestled within the Castellon region Northeast of Valencia City, We offer the only British Bar Café to the market offering excellent value for money.

With the current owners undertaking a stunning upgrade internal to the building and a significant outside patio area the business is offered as walk-in condition, with the added value of income occurring from day one.

The outside patio area is set within an exclusive blossom gathering providing a relaxing and peaceful setting for up to 100 customers providing sun and views all day whilst enjoying the finest British food and drinks.

Internal offers a very friendly and vibrant atmosphere of up to 50 seats with open views of the patio terrace and beyond.

Weekly entertainment offered varying from Live music, Karaoke, Darts and Fish and Chip Fridays with social events becoming more and more popular with all nationalities. In addition, adjacent to the business premises there is an elegant local square offering external entertainment and social events which offers fantastic opportunities for additional revenue.

As the only British bar in the area, there is a huge demand to introduce sports to existing and new customers, offering sports particularly at the weekend as well as Sunday lunches could be considered to maximise revenue.

The business is presented to the market as a leasehold opportunity at 1300 Euros per month, with lease duration negotiable to prospectus buyers.
The family business is currently managed by both owners and supported by 3 additional staff members supporting cooking and bar assistant duties. The current owners have generously offered to transition period to ensure business operations are sustained.


Within the local community, there is an international school and many other amenities for families to enjoy, and only 5 minutes from the beach. Castellon airport is located 20mins from the business location providing excellent transportation connections for Air travel.

Currently, the business is open 50 weeks of the year which provides great opportunity for all year revenue in a relaxing and sun-soaked part of Spain.

Opening Hours are currently.
Monday – Friday 8.30 – 10pm (Varied)
Saturday 8.30am – 2.30pm
Sunday – Closed

Annual Turnover: €224,000

Did you know that buying an established business is one of the easiest ways to gain residency in Spain?

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Employees:
3
Years established:
15

Other Information

Furniture / Fixtures value:
€40,000
Inventory / Stock value:
€10,000