Bed Breakfast and Restaurant For Sale in Alora

Alora

Freehold

€499,000

  • 9091449661225MP1839
  • 9091449661225MP18398
  • 9091449661225MP18396
  • 9091449661225MP18395
  • 9091449661225MP18394
  • 9091449661225MP18392

Property ID :

 MP1839

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Description

This is an outstanding all in one business which is both professional and lucrative in all aspects of what it has to offer.Located in its own plaza and directly opposite the train station in an ancient and historical town.

This is a three in one business, family run: a modern Bed and Breakfast with 9 luxurious double bedrooms en-suite all plumbed for kitchens.

The restaurant seats 100 on its very sunny and well decorated terrace and is complete with bench and loose seating. The size is also suitable for private parties.

Inside again is highly decorated as an American themed Bar Restaurant with seating for 100 people and has various style seating including tub seats and sofas to suit all. The bar is of a very good size, is complete with all equipment and has plenty of storage/shelving areas.

The kitchen is 16m long and includes all appliances plus a walk-in fridge and freezer. There is a bakery area set up with a 2m high roll in out 3 phase oven.

On the top floor you will find a large 1 bedroom penthouse with its own 100m2 terrace and there is parking in front of the area for 100 cars.

The bar restaurant takings alone for 2013 were €326,000. The entertainments bar is currently open 3 nights per week plus Sundays encouraging around 150 people at any one time to one of its music events (Saturday night is karaoke and sees up to 200 people). They also have regular birthday party events which due to the size encourage at least a further 150 people at any one time.  

This area has a unique combination of the ancient and modern with thousand year old castles and the most modern railway in Spain. Surrounded by winding streets and modern shopping areas and is situated at the entrance to a great lake and the mountain ranges which in turn provides plenty of trade all year round. The local government have recently installed a children´s playground which encourages family to visit which in turn leads them into the business.

Also encouraging trade includes a website, a new Facebook page, are on bookings.com plus 26 other associated sites so business officially comes from all over the world.  

The business has been dramatically reduced in price due to ill health. There is also the option to reduce the cash price further by taking on a small mortgage balance. Anyone looking for a family business with guaranteed respectable earnings from day one need to look at this very professionally run place. Everything is in place and ready to trade from day one.  

This is a genuine sale due to ill health and highly recommended viewings are by appointment only via Fiesta Property.

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