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Asking Price €495,000 Freehold
Charming 7 bedroomed hotel
Huge potential for additional turnover
Large owner accommodation within the hotel
The hotel, which opened in 2007, offers 7 spacious hotel rooms as well as a four bedroom & two bathroom, self-contained owner accommodation and highly regarded restaurant. It is located near to Peñarroya-Pueblonuevo about 43km from San Nicolas del Puerto and a 50 min drive from Cordoba.
The Hotel has 410m2 of built-up space consisting of 7 rooms, a reception area, a lounge, 2 terraces, a patio, a basement and a storage room, all sitting on a plot of 5.5 Hectares (55.000m2) surrounded by Olive trees. There is a 5m x 12m pool for guests as well as other outdoor guest areas.
The large restaurant is spread over 220m2 with two dining areas with a capacity for 85 covers plus an open-air terrace. The owner’s accommodation is a self-contained house of 220m2 with 4 bedrooms & 2 bathrooms complete with a kitchen, dining room/lounge, 2 terraces and 1 balcony.
The Hotel is frequented mostly by Spanish tourists, as well as a healthy portion of British and Dutch visitors as well as regular yearly Japanese travel tours looking to explore inland Andalusia.
Among the amenities we have free Wi-Fi, free private parking, outdoor pool, restaurant & bar, reception, AC hot and cold, disabled facilities, terrace, garden, library & banquet/meeting facilities. There are many activities enjoyed by the guests, including hiking, fishing, cycling & horse riding besides exploring inland Andalusia and nearby Cordoba.
The current owners don’t pay for advertising and use only a few selected channel managers such as booking.com which presents an easy opportunity for the new owner’s to increase occupancy as well as reduce commissions and focus on international clients to impact the bottom line. There is further turnover uplift through extending the number of weeks available to trade, opening the restaurant on other days, and catering to events such as weddings and celebrations. There is also the option of expanding the size/amount of rooms.
There is a small portion of the original mortgage still in place which can be transferable to the new owners. This business offers a great price-value relationship and could be easily handled by a couple or family.
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 vendor's agents Business Broker Spain.
Business Broker Spain 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.
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