€ 485,000
Restaurant/Bar for sale in Orba, Alicante
- 166 m2
- 1018 m2
Description
This attractive bar, bistro, restaurant presents an excellent business opportunity in a prime location within the popular market town of Orba.
Positioned in a high-footfall area with easy walking access from both the town centre and surrounding residential urbanisations, the premises enjoys outstanding visibility and consistent year-round passing foot-fall. The spacious, sun-drenched rear terrace is a standout feature, ideal for al fresco dining and drinks, while also providing an established venue for live music and entertainment thanks to the built-in stage. At the front of the property, a charming shaded terrace offers guests the perfect setting to relax, socialise and enjoy the vibrant village atmosphere.
Bar area 96 m²
Front terraces 190 m², half of which is covered.
Large rear terrace 295 m² including built in stage and two rows of tiered seating on the left flank.
Upstairs area 82 m²
Large private car park 375 m²
Registered as a dwelling in 1949, the property had a rich history prior to this date as a Riu rau, used to dry grapes for the raisin trade. Established as a bar in 1984, the business has long been a valued focal point within the local community. New owners can expect to benefit from a customer base comprising both Spanish residents and the area's diverse international expatriate community. In addition, Orba's reputation as a gateway to some of the region's most popular cycling routes attracts a steady flow of visiting cyclists. The area adjacent to the main entrance offers an ideal location for the installation of cycle racks, further enhancing the venue's appeal to this market.
The premises has recently undergone refurbishment, including the installation of new commercial-grade flooring, creating a fresh and versatile blank canvas ready for a new owner's vision and branding.
A significant additional opportunity exists on the upper floor, which offers the potential to create owner accommodation, a self-contained apartment or guest rooms for a bed and breakfast operation, providing scope for an additional income stream.
The property also benefits from a large private car park, complemented by ample free public parking conveniently located directly opposite the premises.
This is a rare opportunity to acquire a hospitality opportunity in prime A1 position with excellent outdoor space, strong community ties and considerable potential for future growth in one of the Marina Alta's most desirable locations.
Features
- Restaurant/Bar
- Build Size: 166 m2
- Plot: 1018 m2
- Energy Efficiency Rating: In Progress