Hotel Restaurant and Pub For Sale

Business description

Asking Price: 950,000 Euros Freehold

• 150 Year Old Attractive Character Guest House/Restaurant with Bed and Breakfast Facilities
• Wonderful Location
• Good Parking with Private Gardens and Pool
• 3 Bedroom Owners Accomodation
• 4 kms From Beach and Town
• Rare Freehold Opportunity
• Huge Potential to Increase the Restaurant Trade by Increasing Hours
• Great Scope To Expand Number of Hotel Rooms
• For Sale Due to Retirement

A rare opportunity to acquire a well sited, family run, 150 year old Hotel/Restaurant near a coastal town in the North Costa Blanca. Well located and only 4kms from the town and beach with all facilities at hand. The hotel is situated next to a new residential urbanisation with properties ranging from 500.000€ to 1.000.000€ in value.About 1 hour and 10 minutes from Alicante airport.

The ground floor has the restaurant/bar area with 45 covers, large fully equipped kitchen, cold kitchen and office.

The first floor has 5 en suite bedrooms and a 3 bedroom owner’s apartment, with lounge, kitchen and bathroom. All rooms have sea views

A roof terrace is an added attraction, the surface area of which could be used to extend the hotel.

Externally, Presently the front terrace accommodates 40 covers, but this could be increased as the property has 3.500m2 of gardens and a swimming pool. There is also ample parking for 25-30 cars.

The property has room for improvement.

The trading hours of the restaurant are 7pm-11pm every day but closed on Sunday with huge potential to increase the trading hours. The owners close 2 months of every year.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.

RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.

Contact the seller