- Bedrooms: 0
- Bathrooms: 0
- Built: 76m2
- Energy Rating: In process
Excellent investment opportunity! The freehold of this local is being sold with current existing excellent contracted tenants! This unit is 76m2 and comes with a terrace providing ample space for tables and chairs. There is a small storage room, kitchen with back access and 2 toilets.
This bar is situated in Park III Commercial Centre is home to some of the most popular bars and restaurants in Los Alto a fabulous location in easy reach of the AP7 motorway, the Torrevieja hospital, Los Balcones, Los Altos, Villamartin, La Florida, Playa Flamenca and only five minutes drive from the very popular Zenia Boulevard. The surrounding area has a registered resident population of over 35,000 people and the holiday population reaches 250,000 people during the summer months
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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