Smaller Hotels for sale in Major Resort

REF: SBK843

Dev.:

Type: Smaller Hotels

Location: Major Resort

Beds: 16

Baths: 16

Price: 2,800,000€

Description

This 3 star finca style Hotel & Restaurant is located in a luxury resort between Javea & Calpe in a very tranquil setting only 5 min walk from the town center & the wonderful beach. It earns good and regular income unlike a fair amount of other hotels that are for sale in other parts of Spain.
This is a legitimate sale of a good and sound business. The hotel has 16 spacious en-suite double bedrooms, all with first class facilities and as well as private balconies overlooking the pool and gardens and with mountain views. This is the only hotel in town that has its own pool and gardens and ample parking.
The orientation of the hotel means that it has sun at all times, winter and summer. 8 of the rooms have easy access for the disabled, as does the restaurant and bar which is equipped with a disabled WC. The hotel is currently run under management with good and reliable staff, in particular the housekeeping and reception staff. The hotel is maintained to very high standards. The staff may or may not be retained should you require. Because of this the hotel is very easy to run under management but there is also the opportunity for new owners to be more ‘hands-on’ and maximise profits. It has a good return client base and all of the guests tend to be middle to upper end of the market and there are opportunities to expand the client base via booking agents. For the last 5 years it has had a steady 65% occupancy.
The owners also have rental agreements with 3, 2 or 3 bed town houses next to the hotel for extra accommodation in the busy periods. The Hotel has a restaurant/lounge bar, which is currently leased on a secure lease of €30,000 per annum and the lease specifies that hotel clients are given preferential treatment. Also, in partnership with the restaurant, it undertakes a good deal of large parties, for weddings, anniversaries, retirements, etc and the hotel and the restaurant is often filled with these clients. The current owners have held ceremonies in the restaurant and by the pool.
The restaurant is located in a separate 2-storey building. On the same level as the pool there is a 350sqm undeveloped space which would be ideal for conversion into a gym or spa.
There is an available mortgage of 1,200,000 that a buyer can assume without qualification if required.
The hotel has been running for many years and because of this all the relevant business licenses are in place, as are all H & S and staff regulations so you would be able to undertake the running of the hotel from day one.
Freehold price €:2,800,000 accepted for quick sale and we can offer, 1,200,000 Euros finance, almost 50%, without qualification!

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