Total of 18659 firms and businesses for sale today Friday 10th May 2024
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Business For Sale. Hotel

LISTING DETAILS
Firms For Sale ID:
25324
Vendor reference:
SP5232L
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€99,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Asking Price: â?¬99,000 Leasehold A BARGAIN

An attractive hostal with views over the bay

o Bar recently renovated to high standard
o Large restaurant with terrace and views of the bay
o Hostal and tourist rooms all en-suite
o Basement refurbished into games room
o A studio apartment

This is a rare opportunity to acquire the lease of a profitable hostal at a very reasonable price. There is the added bonus of a studio apartment which is in the process of being renovated and has its own large private terrace.
The ground floor consists of a bar area which has been tastefully furnished with large leather sofas, sound system, and large flat screen TV, and there is a kitchen area with access from behind the bar. There is an attractive reception area with small office space and a large open terrace situated at the front of the hotel. The first floor has a large restaurant with a further terrace overlooking the bay and a commercial kitchen and shower room. The basement has been utilised as a games room with pool table, electronic darts, table football etc.,
Floors 2 - 5 have rooms all with en-suite and balconies, of which some are still in the process of decoration. The tourist rooms have views over the whole of the bay of Alcudia including the marina, beach and mountain views. The transformation of the hostal will most certainly appeal to tourists and locals of all ages with the classy and trendy approach the new owners have created.