Spread the balance over 10 years - Restaurant in Spain

Description

The seller is offering the property on the following Rent to Buy terms:

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Spread the balance over 10 years
Price: €300,000
120 monthly payments of €2,500
No mortgage required
No interest payable

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A rare opportunity to acquire a fully fitted restaurant premises in A Coruña, with the purchase price spread over 10 years directly through the seller on the Rent to buy Basis.

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Located in the established residential neighbourhood of Novo Mesoiro, the property is already configured for restaurant and hospitality use and comes with an extensive existing fit-out, including a commercial kitchen, large service bar, dining furniture, refrigeration, extraction, lighting and customer facilities.

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For somebody looking to open a restaurant, café, tapas bar or similar business, this could remove a substantial amount of the time and expense normally involved in converting an empty commercial property.

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Impressive Restaurant Fit-Out
The property has a contemporary interior with a striking black, red and white design.

One of the main features is the long fitted service bar, with extensive counter space, bar seating, shelving and integrated commercial refrigeration.

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The main restaurant area provides a substantial amount of customer seating, with a combination of dining tables, chairs and bar stools.

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The premises have been designed to create several different customer areas while still retaining an open and spacious feel.

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Large windows at the front provide plenty of natural light and good visibility from the street.

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Fully Equipped Commercial Kitchen
To the rear is a substantial professional stainless-steel kitchen, already fitted with commercial catering equipment.

The kitchen includes preparation surfaces, sinks, cooking equipment, stainless-steel shelving, refrigeration and a substantial commercial extraction canopy.

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There is also an adjoining storage and refrigeration area, providing useful additional back-of-house space.

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For an incoming operator, having much of this infrastructure already installed could represent a significant saving compared with fitting out a restaurant from scratch.

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Property Highlights
Fully fitted restaurant premises

Approximately 230 m² built area

Approximately 134 m² usable area

Ground-floor, street-level premises

Approximately 9-metre frontage

Large customer dining area

Long fitted service bar

Bar seating

Fully equipped commercial kitchen

Professional stainless-steel preparation areas

Commercial extraction system

Industrial refrigeration

Separate storage area

Restaurant furniture included

Built-in sound system

Air conditioning and climate control

LED lighting throughout

Technical industrial flooring

Large street-facing windows

Motorised security shutters

Alarm system

Security entrance door

Three toilets

Separate staff WC

Two customer WCs

Accessible customer WC

Open-plan layout

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Ready for a New Restaurant Concept
The property is currently arranged as a restaurant and appears to be in very good overall condition.

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The existing layout would suit a wide variety of concepts, including a restaurant, café, tapas bar, casual dining venue, takeaway-led operation or bar-style food business, subject to any required licences and permissions.

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The current interior has a modern feel, but the relatively neutral black, white and red design could also be adapted fairly easily to suit a new brand.

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The combination of a finished dining area and established back-of-house kitchen facilities means a buyer could potentially concentrate on branding, menu and operations rather than carrying out a major refurbishment.

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Location – Novo Mesoiro, A Coruña
The restaurant is located in Novo Mesoiro, one of the modern residential districts on the southern side of A Coruña.

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This is an established neighbourhood with a substantial local residential population and a good range of everyday amenities.

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The area includes supermarkets, pharmacies, cafés, restaurants, local shops, schools, green spaces and public transport connections.

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For a hospitality business, the location offers the important advantage of having a large residential catchment immediately surrounding the premises, creating the potential for repeat local trade throughout the week rather than relying exclusively on tourists.

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Novo Mesoiro also benefits from its proximity to some of A Coruña's major commercial and employment areas.

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Close to Pocomaco
The Pocomaco commercial and industrial area lies very close to Novo Mesoiro.

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Pocomaco is one of the important employment and business zones serving A Coruña, which potentially provides an additional customer base from people working nearby.

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Access to the wider road network is also straightforward, with links towards the AC-11 and AC-14, providing convenient connections into A Coruña and towards surrounding areas.

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Near Marineda City
The restaurant is also within easy reach of Marineda City, one of the largest shopping and leisure complexes in Galicia.

The wider Marineda area attracts significant numbers of shoppers, employees and visitors and includes major retail, leisure and restaurant operators.

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This gives the property access to a much wider catchment than Novo Mesoiro alone.

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Easy Access to Central A Coruña
Central A Coruña is only a relatively short drive away.

A Coruña is one of the principal cities of Galicia and combines a sizeable resident population with business, university and visitor demand.

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The city is known for its Atlantic waterfront, beaches, marina, shopping areas and excellent food culture.

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Popular areas include the historic old town, Praza de María Pita, the seafront promenade and the Tower of Hercules, a UNESCO World Heritage Site.

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Excellent Food Culture
Galicia has one of Spain's strongest culinary identities and A Coruña has a particularly active restaurant and tapas scene.

For somebody operating a restaurant, this means being located in an area where eating out, tapas and café culture already form an important part of everyday life.

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Closest Airport
The closest airport is A Coruña Airport (LCG).

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Because Novo Mesoiro lies on the southern side of the city, the airport is particularly convenient to reach by road.

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A Coruña Airport provides domestic and European connections, while Santiago de Compostela Airport provides an additional range of international routes and is also accessible by road.

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An Interesting Owner-Operator or Investment Opportunity
What makes this property particularly unusual is the combination of an already fitted restaurant and the long-term Rent to Buy purchase arrangement offered by the seller.