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9 Bed Commercial for sale

Álora, Malaga, Andalucia, Spain

£427,336 *  [€499,000]

9 Bed Commercial for sale

Álora, Malaga, Andalucia, Spain

£427,336 *  [€499,000]

Property Details


  • Bedrooms: 9
  • Bathrooms: 11
  • Habitable space: 698 m2

Full Description


FREEHOLD BUSINESS REDUCED FOR A QUICK SALE.
Located in a prime position in the Town of Alora, just a few steps to the train station will take you to the beautiful El Chorro lakes and famous Camito del Rey you will find this 9 bedroom Bed and Breakfast/Guest House. The thriving up and running spacious bar and restaurant has been completely refurbished and has all the books to prove it is a well established and profitable business. The owner is very keen to sell due to family illness and sensible offers will be considered.

The bar/restaurant itself is currently used as a live music venue, has an American diner feel about it and seats 100 people. With a lovely selection of both local residents and holiday makers, the restaurant has a large menu for catering for all nationalities. Large well fitted kitchen with walk in fridge, storeroom, his and hers W.C. The covered terrace seats a further 100.

The 8 fully fitted 1 bedroom studio apartments all have full en-suite bathrooms, air conditioning, fitted wardrobes and all the fittings are there to add a small kitchenette. High season the rooms rent out for 65€ per night and 55€ low season.

The owners residence comprises of a 1 bedroom penthouse in immaculate condition. large bright lounge with AC, satellite T.V, separate fully fitted kitchen, double bedroom and full bathroom. There is an amazing private terrace with Jacuzzi with lovely views to the surrounding country and local castle.

Although there is a small plunge pool there There is an opportunity to buy the surrounding land to add a large swimming pool, private parking, a marquee for a wedding venue as well as other possibilities. Parking for ample cars and private garage.

Anyone that is interested in buying an up and running business at a bargain price should have a look today. Viewings are highly recommended
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This property listing (ref: R3012983) is an advertisement supplied by Your Dream Home Spain and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8564 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.