32 Room B&B Hostel Restaurant Cafe Bar For Sale

Business description

A well positioned ’32 Room Hostel / B&B + Bar and Restaurant’, with sea, mountain and marina views situated within a thriving resort to the north of the island with stunning beaches, bars and restaurants etc.. Popular for a multitude of nationalities with a mix of long term rentals 6-12 months of the year and tourist accommodation week on week.

Well equipped, up and running hotel, with own restaurant (can be separated) plus a fully operational separate bar / café to the main street leading to the marina plus an additional potential basement nightclub. Four in one opportunity which can be run as a whole or sublet with landlord permissions.

The hostel / hotel has six floors and comprises of 24 doubles / 8 individuals most with en-suite bathrooms, nearly all offering balcony with either sea or mountain views There is a large dining room / restaurant, equipped kitchen, large bar, lounge/reception area, basement (previously used as a dance/karaoke area) with separate bar and terracing with views to the sea. Owner’s 1 bed accommodation and an industrial laundry room to the top floor.

Property information

Real Estate:

Lease

Lease terms:

5 Year Lease
Annual Rent: 30,000€

Contact the seller