118 Room Hotel Fully Furnished With Pool For Sale

Business description

Only 5 minutes walking distance to one of the largest sandy beaches of this area of benidorm.great opportunity to purchase the lease of this large 118 bedroom fully furnished & equipped with bilinual staff-hotel with own pool and set in its own grounds!the price includes 300,000 euros rent per year payable at the beginning of each year (just under 7 euros per night per room).also includes a deposit which can either be a guarantee form the bank, property/properties or cash.full written proof will be required for any or all of the three prior to sending any further information! Permission to sell the lease on any time during the term of the contract providing all the above criteria is fulfilled by the new buyer and the land lord has met them.rent review as per inflation only each year during the 10 year term of the contract.the 10 year contract is renewable.the outside of the hotel has been totally renewed last year and so has the bar plus new kitchen.plenty of pictures available upon written request. Hotel is on 5 floors and the ground floor consists of : grand entrance and reception, guest lounge/bar, laundry room, offices a large dining room , wcs (gents) + (ladies/disabled). Access to exterior terraces and pool area , commercial kitchen,plenty of storage rooms bedrooms:-on the remainder levels with elevator to each floor.twin rooms fully equipped with on suite and a terrace over looking the pool area and air-condition
Main description
Terrace yes
kitchen contains
Freezers yes
Pots and pans yes
Extraction yes
Equipment yes
Storage area yes
Dishwasher yes
bar contains
Drinks coolers yes
Coffee machine yes
Tv's yes
Sound system yes
Air conditioning yes

Property information

Real Estate:

Lease

Lease terms:

Price 800,000 € Leasehold (Approximately £ 626,883)
Length of Lease 10 YEARS RENEWABLE
THE ABOVE PRICE INCLUDES 300,000 EUROS RENT FOR THE FIRST YEAR(JUST UNDER 7€PER NIGNT PER ROOM)AND A 300,000€ DEPOSIT WHICH CAN EITHER BE A GUARANTEE FORM THE BANK, PROPERTY/PROPERTIES OR CASH.SEE ABOVE FOR DETAILS

Location:

5 MINTUES WALK FROM THE BEACH

Other information

Support & training:

YES

Reasons for selling:

PERSONAL

Financing available:

NO-SORRY