Smaller Hotels for sale in Inland within easy distance of Coast

REF:	Type:	Beds:	Baths:	Price:
SB1102	Smaller Hotels	20	0	4,500€

Description

Amazing one off opportunity to rent a magnificent Hotel in the Malaga mountains.
This spectacular 20 room Hotel has a jewel in its crown.....a 400 seat restaurant, ideal for wedding banquets and communion parties or Christmas and New Years Eve functions.
In Spain there is big money to be made catering to special functions which are usually huge affairs with guests numbering in the hundreds and with its proximity to Malaga and the mountain villages, the property could be fully booked weekends and holidays.
Apart from the enormous potential as a large restaurant, the cosy 20 room Hotel attracts holiday makers and weekenders year round.
The Hotel is fully licensed along with a 24 hour bar license.
The rent for this unique business opportunity is as follows:
4,500 Euros per month
Six months’ rent to be paid in advance.
150,000 Returnable Bond.
The security bond is not, necessarily, payable in cash, the owner requires a letter of guarantee from clients Bankers here in Spain, which we can arrange, the guarantee is held by the bank in their name, and attracting interest which is high in Spain at the moment, the Bank will issue the required paperwork.
Either way funds or collateral to the amount of 150,000 Euros will need to be available.
Lease up to 15 years at 4,500 Euros monthly!
Also lease with option to buy is available with the Freehold Price at 1,170,000 Euros

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Smaller Hotels for sale in Inland within easy distance of Coast

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