COMMERCIAL RETAIL UNIT IN ALGORFA, COSTA BLANCA, SPAIN. FREEHOLD OR RENT in Exeter

£1,000

Cliff Gospel 

Posting for 7+ years

Exeter

Ad ID: 36565948

Ended

Description:

225,000 euros to purchase the freehold OR 1000 euros per month to rent the unit
This is an excellent opportunity to purchase the freehold OR rent a vacant commercial retail unit in the heart of Algorfa, Costa Blanca, Spain. Recently refurbished, it is an extremely well established and successful retail unit. The location, size, presentation and the business model make this a low risk and extremely attractive investment opportunity which ticks all the boxes for anyone looking to run a business in a traditional Spanish location. With a large community consisting of ex-pats, locals and also being a popular tourist destination, your customer base would ensure all year round trade.
Located just 100 metres from the main plaza in Algorfa on a main road position, this unit offers a 140m2 on the ground floor which includes a huge retail area, male and female toilets, partially equipped kitchen and storeroom. From the kitchen there is a small courtyard with a spiral staircase to access the 70m2 room above the bar, which can be converted to a self contained apartment for the owner of the commercial unit.
The unit is large enough to split into two separate units providing greater flexibility and the potential of running two separate businesses within the one building. This unit has previously been a bar/restaurant but with the size and layout it lends itself to any kind of retail unit.
Priced to sell quickly at 225.000 euros for the freehold or alternatively, you could rent the entire unit for 1000 euros a month. Both are negotiable. This is a private sale.
About Algorfa
Algorfa is a friendly bustling town in the Costa Blanca area of Spain with great community spirit. Algorfa lies on the banks of the river Segura and is approximately 35 minutes' drive from Alicante Airport and Murcia Airport. Situated 15km from the beaches of Guardamar/Torrevieja, Algorfa has a large ex-pat population and is a popular holiday destination for tourists.
The 5 Star La Finca Golf and Spa Resort, with its 18 hole golf course and luxurious Spa facilities, is only 1km away.