Hospitality Property with Restaurant, Bar and Apartments for Sale
- €2,225,000
Hospitality Property with Restaurant, Bar and Apartments for Sale
- €2,225,000
Description
Prime Coastal Location – Mediterranean Destination
Established 2000
Business Overview
This is a rare opportunity to acquire a well-established and successful hospitality business in one of the most desirable locations on the Costa Blanca, 900 meters from the town center and beaches. Operating since 2000, the business comprises a fully refurbished bar and restaurant, complete with a tranquil garden and terraces and supported by four self-contained apartments and one small, detached house on a substantial private plot of 600 square meters
Set in a serene yet high-traffic area popular with both locals and international visitors, the venue has become a cornerstone of the community with a loyal customer base and excellent growth potential. Whether continued as a thriving gastrobar or transformed into a boutique hotel or hybrid hospitality concept, this property offers incredible scope for expansion and redevelopment.
Key Features
The business is a turnkey operation. It includes a fully renovated bar and restaurant with stylish interior design, a modern open kitchen, premium finishes, and all equipment in excellent condition. The commercial space has been designed by hospitality professionals and interior architects to deliver a seamless guest experience and ensure efficient operations.
There are four self-contained apartments on-site and one small, detached house on a substantial private plot. While these require upgrading, they present significant potential for long-stay rentals or conversion into boutique hotel suites. The garden terrace offers a tranquil and attractive outdoor seating area for approximately 72 guests, complemented by an indoor dining area seating around 45 and open and covered terraces seating 54. All licenses are in place and fully compliant with health, safety, alcohol, and hospitality regulations.
The business benefits from a strong digital footprint, including an established website, professional branding, and high-quality photography. It has received excellent online reviews, with consistent 5-star ratings on Google and TripAdvisor. The location is outstanding – situated in a highly desirable coastal town with year-round tourism and a strong local community. Access is easy, and the property includes both private and street parking.
Business Potential
There is clear opportunity for growth. New ownership could expand winter trading hours, introduce delivery and catering services, or redevelop the apartment wing into a high-end boutique accommodation offering. The size of the plot and layout of the building also allow for diversification into mixed-use hospitality and residential income streams.
This offering is ideal for hospitality groups, chef-owners, lifestyle investors, or entrepreneurs looking to establish a standout destination in a vibrant Mediterranean setting.
Premises Overview
The property sits on a total plot of 1,927 square meters, with a total built area of 742.75 square meters across two levels. The interior restaurant space accommodates approximately 45 diners, while the exterior terrace comfortably seats up to 126. The five self-contained apartments require modernisation but are structurally sound and offer flexible usage options.
Facilities include three restrooms, an open kitchen, inside-outside bar areas, central heating, entertainment system, air conditioning, and satellite TV. Parking is available both on the premises and on the adjacent street.
Financial and Operational Summary
The business has shown consistent performance over the years with strong profit margins. It benefits from steady foot traffic, both from loyal local residents and a robust tourist population. The current team ensures smooth day-to-day operations, and minimal restructuring would be needed under new ownership.
Reason for Sale
The current owner is relocating to pursue other business interests. A full handover period will be provided to assist in the transition.
Confidentiality Notice
This sale is being handled on a strictly confidential basis due to the business’s reputation and visibility. Full details, including financial information, lease terms, and location specifics, will be shared with serious buyers upon signing a Non-Disclosure Agreement (NDA).
For further information or to arrange a confidential discussion, please contact us.
Details
- Property ID CBN202517F
- Price €2,225,000
- Property Type Gastrobar, Apartments, Bars and Restaurants
- Property Status For Sale Freehold
Address
Open on Google Maps- City: Moraira
- State/county: Alacant, Alicante
- Area: Costa Blanca North
- Country: Spain
Features
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Contact Information
View Listings- Business Broker Spain Costa Blanca North
- +27 82 784 7356WhatsApp
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