Magnificent Hotel Investment Opportunity For Sale

Business description

This large hotel is situated at Alora a beautiful town in the heart of Andalucia, popular with many tourists both spanish and european, ideally located near the Train Station, offering a total of 9 bedrooms all en-suite, 9 bathrooms, a further 3 toilets, lounge, kitchen, commercial kitchen, bar, restaurant, terraces. Just recently fully refurbished inside and fully furnished.


The approximate building size:
34metres long, 7metres wide with 3 floors.

Price: 900.000 euros

The Ground Floor consists of a fully fitted bar, restaurant, commercial kitchen, dry store, walk-in fridge, walk-in freezer, 2 toilets (one with disabled facilities), air conditioning, 3phase electricity, external sun canopy’s, ample parking with option to rent a 120 square metre area for outdoor bar/restaurant terrace.

More Information:
The Property totally refurbishment including re-wired, re-plumbed and re-drained. It offers a great business opportunity for one or more families and is in an excellent position with the advantage of direct trains to Malaga close by.

The First Floor consists of 8 private studio apartments with individual door access onto a communal walkway. Each studio has a bathroom with shower facility. Terminated drain and water connections have been provided for the addition of kitchens (if required).
All studios have views to front and rear, ceiling fans, individual electric circuits, furnished and ready for use.
There is an outdoor terrace (26 sq metres) with barbeque for studio tenants use.
The Top Floor consists of a one bedroom Penthouse apartment with 360 degree views, lounge with mini bar, open plan kitchen, bathroom with sunken bath & shower, private access to 100 sq metre terrace with barbeque, 7 seated Jacuzzi, outside toilet & utility room.

More Information:

Kitchen Sections

1 – Dry store with wooden racking.
2 – Fridge/Freezer room with walk-in fridge & freezer.
3 – Main kitchen with large 3 ring stove, char grill, small bakery oven, 2 – deep fat fryers, 3metre extractor, 2 – 2metre high roll in 3phase ovens, 3metre long dishwashing setup, meat slicer, various stainless steel tables, separate hand wash.

Bar/Restaurant 260sqm.

Seating approx. 100, includes tub seats & sofas, tables, chairs & bar stools, coin operated pool table, 3phase coffee machine, fridges, glass washer, ice maker, electronic till, automatic juicer, smoothie machine, toaster, microwave, wine/beer counter chiller, pumps.
Toilets suitable for disabled with glass sinks. Rewired to latest fire regs. Air/hotair conditioners, 3 entrances with foyers. All lighting.
8 Studio’s
2twin & 6 double, includes all furniture, mirrors, pictures, bedding, clocks, fans, lighting, curtains & TV’s.
1 Bed
all furniture, pictures bedding clock TV
Sun Terrace
100sqm, 7 seater jaccuzi, BBQ & outside wc.
Outside Front
Sun blinds (new plaza to be built by Town Hall [approx June])
Extra 4 metre x 30 metre terrace rented from Renfe at 70 euro per month.

Other Information:
The Property has main phone line, Sky TV, mains water & sewage, 3 phase electricity.
This is a consolidated urban property.

Property information

Real Estate:

Real Property Included

Location:

This large property is situated at Alora, near the Train Station in the Province of Malaga in Spain and offers a total of 9 bedrooms, 9 bathrooms, 3 toilets, lounge, kitchen, commercial kitchen, bar, restaurant, terraces. Just recently fully refurbished inside and fully furnished.
This hotel is positioned near a nature reserve and large lake where many visitors relax, go walking and bird watching.

Other information

Competition / Market:

No other hotel near the Train Station or nearby

Support & training:

Yes full training and support will be offered. There will be a hand over period from the current owners to the new owners.

Reasons for selling:

Their daughter is running a hotel in Brighton, England and they wish to move to England to offer their support as they are fully qualified professional hoteliers.

Contact the seller