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Hotel & Restaurant for Sale near Cordoba €699,000


Current Price: €699,000
New Price:
Rate data provided daily by European Central Bank
Beds
11
Reception
Yes
M2
860
Lot Size
55,000
Lot Acres
13.60
Year Built
2007

This Hotel first opened in 2007 and it offers 7 spacious hotel rooms as well as a 4 bedroom & 2 bathroom self-contained owner’s accommodation and highly regarded restaurant and it sits nearby Peñarroya-Pueblonuevo about 43km away from San Nicolas del Puerto and 50 min drive from Cordoba.

The Hotel has 410m2 built 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 5mX12m pool for guests as well as other outdoor guest areas.  

The Restaurant is 220m2 built with two dining areas with capacity for 85 covers plus open air terrace.

The owner’s accommodation is a self-contained house 220m built with 4 rooms and 2 baths with a kitchen, dining room/lounge, 2 terraces and 1 balcony.

The Hotel is frequented mostly by Spanish tourists yet they receive their healthy portion of Brits and Dutch visitors as well as regular yearly Japanese travel tours looking to explore inland Andalusia.

Currently the hotel/restaurant/bar combination trades at minimum capacity with 3 staff, the restaurant only opens on Friday & Saturday nights as well as Saturday and Sunday during the day yet it nets the owners enough to maintain a comfortable lifestyle.

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.

Some of the activities guest typically enjoy while staying are 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 impacting the bottom line, this as well as extending the weeks available to trade, the restaurant, the prices (which are low even for the area and Spanish customers) and finally catering to events such as weddings and celebrations for which the size is just right. 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 transferrable to the new owners.

This business offers a great price-value relationship and could be easily handled by a couple or family.

The village has great road access and is frequently visited by cyclists, hikers and motor-bikers as a lunch and/or night stop before continuing their routes.

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 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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BB6741F
Peñarroya-Pueblonuevo, Cordoba
Spain
Region: Andalusia
Sale Type: For Sale
Ref #: BB6741F
Business Broker Spain

P: +34 965 020 527
Contact Agent
Beds
11
Total Units
3
M2
860
Lot Size
55,000
Lot Acres
13.60
Type of Purchase
Freehold
Reception
Yes
Year Built
2007
Years Established
10
BB6741F
Peñarroya-Pueblonuevo, Cordoba
Spain
Region: Andalusia
Sale Type: For Sale
Ref #: BB6741F
Business Broker Spain

P: +34 965 020 527
Contact Agent

Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.

 
BB6741F
Peñarroya-Pueblonuevo, Cordoba
Spain
Region: Andalusia
Sale Type: For Sale
Ref #: BB6741F
Business Broker Spain

P: +34 965 020 527
Contact Agent

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