Hotel for sale in Alora Ref: X-E63-B24

€ 499,000
9 9 Ref: X-E63-B24
€ 499,000 9 9

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Built 550
A fantastic opportunity to purchase an established and profitable restaurant, bar and hotel business equipped to a very high standard located in the popular and historic Andalusian town of Alora.

All fixtures and fittings are included within the sale, originally the cost of equipping the business was in excess of 250,000€.

The property is in an excellent location therefore attracting visitors to the town of Alora and also the regular clients.

The recently restored 'Caminito Del Rey' attracts 1,100 people a day and is only 15 mins away by car / 5 mins by train. Alora train station is located 1 minutes walk from Manhattan.

There is no shortage of car parking around the business, with a large car park (leased from the town hall) and plenty of off street parking making this one of the few bars and restaurants in the town where parking outside is possible.

On entering the property, an impressive bar and restaurant area is accessed and has been recently renovated. A large bar area, well equiped and stocked makes this a most impressive area. There is also a wood burner in the bar area, ideal for the colder winter months.

With various seating areas, nicely lit and decorated, the inside restaurant area has a 100 cover capacity. There are also three large televisions in this area, ideal for showing different events such as motor racing or rugby, or simple for music.

There is also an outside covered terrace area that can be accessed from the main bar, which has seating for a further 100, making a total seating capacity of 200. There is also a large television screen in this area.

With a fully equipped commercial kitchen, walk-in dry and cold stores, up to the minute ranges and ovens, the operation is ready to hand over. The complete setup is most impressive and clearly illustrates how this business has been setup to easily cater for large number of clients. The restaurant has a reputation of selling good American style food.

There are male and female toilets on the ground floor, designed in line with disability legislation.

On the first floor, which can be accessed from the outside or through the bar/restaurant, there are 8 separate and spacious family apartments, fitted out to an excellent standard with en suite bathrooms. All the bedrooms have air conditioning and sufficient space to install a kitchen for each apartment to make them completely self sufficient.

On the second floor, there is a spacious one bedroom penthouse with a large living/dining area with wood burner and access to a large roof terrace which has a hot tub and a plunge pool plus access to a small laundry area.

From the terrace there are views of the castle and to the town of Alora.

There is garage area that is currently used as a drinks cellar for the business.

This is an outstanding and rare opportunity to purchase a substantial commercial property, with all necessary licenses to operate, in a great location and well maintained by the current owners enabling this to be run as a profitable business. Currently only opening Thursday through to Sunday evenings, there is huge potential to grow the business by offering other events such as weddings and birthdays.

The business has been priced to sell and we would highly recommend genuine buyers to make appointment to view at your earliest convenience.

Nearby places

Fees, Energy Rating

Fees
Community Fees Not Available
Basura Tax Not Available
IBI Fees Not Available
Energy certificate
The energy certificate is pending

Average prices for Alora

This property
Price € € 499,000
Price per m² (built) € 907
Price per m² (plot)
Hotel
Price € € 499,000
Price per m² (built) € 837
Price per m² (plot)
There is no available properties in this area.
There is no available properties in this area.
There is no available properties in this area.
There is no available properties in this area.

All features

Category

  • Investment
  • Resale

Climate Control

  • Air Conditioning

Condition

  • Good Condition

Features

  • Fitted Wardrobes
  • Near Transport
  • Private Terrace
  • WiFi
  • Guest Apartment
  • Ensuite Bathroom
  • Show More

Furniture

  • Optional Furniture

Garden

Kitchen

  • Fully Fitted Kitchen

Orientation

  • South East Orientation

Parking

  • Communal Parking

Pool

Security

Setting

  • Close To Shops
  • Close To Town
  • Close To Forest

Utilities

  • Electricity
  • Drinkable Water
  • Telephone

Views

  • Country Views
  • Urban Views

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