Restaurante on Cabo Roig Strip

Description

ONLY €8,000

Amazing opportunity to own a fully equipped working restaurant located in the very sought after area of Cabo Roig. This restaurant is located on the famous Cabo Roig strip which enjoys an enormous footfall all year round.
The restaurant is 98 Sqm in size [amp;] can sit up to 40 people inside with additional terrace seating for 14 people outside.
This is a fantastic business in an amazing location all ready set up, new owners can come straight in and begin trading straight away.
The restaurant is open and trading with all staff in place so new owners will have nothing to do

OPENING LICENSE

In order to open and run a new business in Spain it is OBLIGATORY to have an opening license 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 license in place, however, because of the backlog in Orihuela Costa it is possible to open once renovation work has been completed and an opening license 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 license. If all that is needed to obtain an opening license (rarely) is to change the name, then the cost will be 350€. Normally an electrical project and opening license 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).

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