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Leasehold 23 bed/ 25 bath Hotel/Hostel recently reformed in Sotogrande €150,000

Current Price: €150,000
New Price:
Rate data provided daily by European Central Bank
Beds
23
M2
1,331
Lot Size
409
Monthly Rent
3000

A unique opportunity to take over a building, with a 22-bed hostel with owner's accommodation, cafeteria and independent additional commercial premises in the basement with own entrance on street level.


The business is ready to be opened and with the season around the corner, the ideal time of the year.


The hostel is brand new with new bedrooms, bathrooms, furniture, decoration, electrical installations, A/C and heating, fire extinguisher system, water tank supplies, key cards, LED lighting and much more.


On the ground floor, there is a spacious reception area, lobby, waiting area, storage area, back office, salon, bar and cafeteria with small kitchen and 7 rooms, including 1 fully fitted for disabled access.


On the first floor, there are 15 additional rooms, one of which is a small self-contained apartment that serves as owner's accommodation.


On the roof top, there is the laundry area, machines area and a spacious open area with potential for expansion as a rooftop terrace, spa or wellness area or meditation and Yoga retreat.


There is also a basement of over 400 sqm, currently not in use but ideal for all types of businesses as it has a separate entrance on street level.


The hostel part of the building has been completely refurbished and is fully licensed to all regulations and norms to date, including all access, energy savings, fire and security norms.


Leasehold Option: 150,000 Euros for fixtures, fittings, furniture, installations, machinery and license with monthly rent of 3,000 Euros.

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.

BB6770L
Sotogrande, Malaga
Spain
Sale Type: For Lease
Ref #: BB6770L
Category: Holiday Resorts, Hostel, Hotel
Beds
23
M2
1,331
Lot Size
409
Type of Purchase
Leeashold
Monthly Rent
3000
BB6770L
Sotogrande, Malaga
Spain
Sale Type: For Lease
Ref #: BB6770L
Category: Holiday Resorts, Hostel, Hotel

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
BB6770L
Sotogrande, Malaga
Spain
Sale Type: For Lease
Ref #: BB6770L
Category: Holiday Resorts, Hostel, Hotel

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