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Picture of Home For Sale in Alora, Malaga, Spain


Alora, Malaga, Spain

9bd 9ba 700 sqm

Listed By: Alora Real Estate

Listed On: 10/01/2021

Listing ID: GL3616001 View More Details


SUCCESFUL ESTABLISHED FREEHOLD COMMERCIAL OPERATION. This is a fabulous opportunity to acquire an established fully licenced accommodation /restaurant business with excellent owners’ accommodation located on the edge of Álora pueblo, one of the most popular towns in the Guadalhorce valley. Extending to 800m2 build size, the property currently offers 8 family sized letting rooms with en-suite bathrooms . All rooms have aircon and WiFi. The attractive and well equipped bar/restaurant can offer 200 covers. With a fully equipped commercial kitchen, walk-in dry and cold stores, up to the minute ranges and ovens, the operation is ready to hand over. The business was designed as a tourist hotel and high quality restaurant and currently is being run as a very successful American style brasserie. For the owner/manager there is a spacious one bedroom penthouse apartment with roof terrace, hot tub and plunge pool. To the front of the restaurant is a covered terrace area for outside dining and car parking for around 50 cars. To the rear of the property is a swimming pool for the use of guests. The location ,close to Álora train station, is ideal to capture the tourist market.The current owners have a contract with the administrators of the “Caminito del Rey”, the recently redeveloped mountain walkway in nearby El Chorro which is proving to be a huge success and causing an influx of tourists to the area. The business also enjoys healthy support from the local community and is a very popular venue for live music and dining. The current owners have made a substantial investment in designing and establishing the premises and all work has been done to comply with Health & Safety legislation and every help will be given to a new owner regarding the handover of the business. This is a rare opportunity to acquire an established business with no further immediate investment necessary after purchase. Price: 499.000,00€