Smaller Hotels for sale in Costa de la Luz

REF:	Type:	Beds:	Baths:	Price:
SB1468	Smaller Hotels	24	24	1,400,000€
Property size:		Plot size:
1200^m2		1580^m2

Photos

Description

We offer Freehold Hotel with Private Finance.
Built in1970, fully renovated between 1999 and 2002.
Built on three floor levels with 24 guest rooms all of which are located on the 1st and 2nd levels with ground floor given over to the public rooms.
All rooms are full furnished with TV, telephone, internet, Mini Bar and balcony with decor ranging from traditional to modern.
Bedrooms are of 4 Star quality all with en-suite bathrooms in marble all include, hairdryer and “Ghroe” taps and towels supports.
All the rooms are exterior and have terrace or balcony except 8 of them that have windows; all rooms have individual cold and heat conditioning also a mini bar in each room is installed.
The main entrance has reception area.
The property has complete dinner and breakfast restaurant plus a lounge bar all with climate control induction.
Two rooms are reserved for full time live in staff these at ground level.
Located just 150 meters from Isla Cristina Beach, the hotel features attractive gardens and a terrace. It has bright, air conditioned accommodation all with TVs.
The Hotel has a 24-hour reception and comfortable lounge areas. Guests can enjoy a continental breakfast in the restaurant, which serves traditional Spanish cuisine for dinner.
Fully equipped kitchen and additional store rooms.
The hotel has a built area of 1,200 square meters.
Parking for 6 cars of 220m2.
Size of total LAND: 1580 square meters.
All permissions, licenses and consents are in place and current.
Expansion potential:
There is also permission to build up another 450m2 above ground level, about 600m2 in ground floor level and about 800 m2 at underground level. So at least a 50 room hotel can be achieved.
Competition / Market:
Many hotels in this very popular area but this hotel has been one of the most successful over the past fourteen years and it is rated among the best in the Med, according to a number of prestigious guides such as booking.com and Anaya Touring.
Trading hours: Open all hours.
Employees: Four, sometimes five.
Support & training:
Sellers are happy to coordinate, help and train a new owner.
Owner financing is available.
Financing available: up to 300.000 . Banks now will offer 50% of price.
Furniture / Fixtures value: €250,000 (included in the asking price)
Inventory / Stock value: € 50,000 (included in the asking price)
Hotel & Restaurant offered fully operational at 1,400,000 Euros.

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Smaller Hotels for sale in Costa de la Luz | Smaller Hotels in Costa de la Luz

Smaller Hotels for sale in Costa de la Luz