Hostel in Altea
Sale ready business – friendly hostel in the heart of the city of Altea (Alicante) on the 2nd line from the sea. The facility is located in a detached 5-storey building (year of construction - 1978) designed with 27 rooms (9 rooms on each floor), and also includes a reception area, restaurant, kitchen, Seating area and 4-bedroom apartments with a separate entrance on the lower level it is possible to equip a sports hall. Total object area is 1025 m2, living area of 595 m2, ceiling height – 2.5 m area of the land plot under the building is 232 m2.
Best location: within walking distance - a huge number of shops, cafes and restaurants, pharmacy, city market with fresh produce, public transport – 3 minutes, the beach – 3 minutes, old town – 5 min. Readiness of object for operation is 50%. We are working on redecoration of the interior and replacement of communications to enter the facility. The estimated completion date is 1 April 2019.
The value of the business in its current state – € 150,000.
The value of the business at the time of commissioning – 300 000 euros.
Monthly rent – 8000 euros.
The delay in the payment of rent to the completion of 3 months from the date of conclusion of the agreement (until April 1, 2019).
After signing the contract we can provide a team of workers carrying out renovation work at the present time (efficiently and quickly), and also to assist in obtaining a license to run the facility(50%the cost of services of the architect are paid by our side).
Location Region Alicante City Altea District Altea Property description Type of real estate Commercial properties Type of commercial property Hotel Square feet 595 sq m Additional data Year of construction 1978 Plot size 1025 sq m Selling