BUSINESS DESCRIPTION
Asking Price â?¬580,000 (Freehold)
â?¢ Built C 1850, Period Property
â?¢ Many Beautiful Orginal Features
â?¢ Only Hotel in this Old Andalucian Village
â?¢ Fully Furnished and Ready to Operate
â?¢ Established 30 Years (4.5 Years with Current Owners)
A rare opportunity to acquire this fantastic hotel, fully furnished and ready to take over from current owners who have successfully traded for over 4 years and are now looking to retire. It has mainly orginal and period features making this hotel a one off! It currently has 13 double/twin rooms, some en-suite and some with adjoining baths. There are currently no good restaurants in this village and would therefore offer tremendous growth potential offering quality food within its restaurant. Could also be converted to offer 2/3 more rooms.
The Hotel is situated in an elevated position but central in this typical Andalucian Village. It is well established and well known. Closeby (10 minutes) is Gibraltar and is the up and coming area of Sotogrande. Shops and amenities are all closeby and the beach is approximately 10 minutes away. It also allows easy access to Tarifa and Tangiers. Perfect for Golfing Holidays, with 2 major Golf Courses nearby.
All in all this is a grand hotel and ready for immediate occupation. Viewing is highly recommended as hotels with this character and scope for development are much sought after.
Property comprises of 850m2.
Ground Floor: Grand entrance and reception, guest lounge/bar, laundry room, office and kitchen. Fountained patio, WC (Gents). Access to exterior patio and WC (Ladies/Dissabled), Commercial kitchen, Dining Room and Dissabled bedroom.
Lower Ground: Storeroom, double bedroom with patio, commercial utility/laundry, store area.
First Floor: Family room, more stairs (upper first) 6 x twin rooms and 2 bathrooms and owners private suite.
Second Floor: 3 double rooms and large bathroom (could be family suite), TV control room and surveillance camaras, covering all public areas.
Roof: New storage water tanks and solar panels producing back up for hot water.
Externally: Electronic entry system.
All furnishings included in the price.
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 vendorâ??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.