BUSINESS DESCRIPTION
Asking Price â?¬1,312,500 (freehold)
â?¢ Very well Known for the Past 50 Years
â?¢ Popular with Spanish especially at Weekends
â?¢ Huge Potential to Add 50 Rooms
â?¢ Could Easily Extend the Terrace to Accommodate 400
â?¢ Only 20 Minutes to the Coast
This holiday complex, separate house and restaurant is very famous for paellas at weekends taking approximately â?¬3000 just on Sundays. Permission exists to add more rooms on the first floor. It may also be possible to extend into the house and the grounds next door. The business is trading exceptionally well and on reputation alone. The business does not need to advertise, it is famous with both Spanish and international clients as a paella house.
The business is set on an urbanization in a pretty rural area, close to the City of Valencia which is just one hour, with Alicante around one hour and twenty minutes drive. The premises has disabled access.
In brief, the complex comprises 8 bedrooms, a three bedroom apartment (in need of some refurbishment), the restaurant which seats 80 comfortably, and will accommodate 120 without the stage. The bar has covers for 40 while the function room will hold another 60. There is a large kitchen, paella room, storage rooms and reception area. There is also a garage.
The separate house offers five bedrooms and three bathrooms, american-style kitchen, day room, two further reception rooms and hallway. There are also 3 pool rooms and a double garage. Outside the swimming pool is set in mature grounds extending to 1,340m2.
The complex has four cloakrooms, all with disabled facilities. There is also a cave which could be excavated.
Externally the complex offers extensive car parking, swimming pool and sun terraces, and covered terraces which can accommodate 160 diners.
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.