- Listing ID: 890045
- (Seller ref: BL697)
Hostel Guest House Payment Terms Available In Benidorm For Sale
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Summary
- Asking price:
- €175,000 (Furniture / Fixtures included)
- Turnover:
- < €500k
- Net profit:
- < €250k
Business description
Payment terms available- initial payment of 100,000 euros the remainder can be paid on a momthly basis for the duration of the contract!
12 bedrooms + 1 family room + bar situated in the heart of the old town in benidorm
Requires some redecoration and perhaps some new furniture-(some negotiation in price to allow for this)a little tlc and it would be an excellent business for a couple of people/friends to earn a very good income!! Help with new license application with the town hall/food suppliers/breweries etc awaiting photos 5 year renewable lease
8 rooms with on suite
Industrial kitchen (not in use at present)
Seperate income from slot machines (50% split)
Full independent legal package in place
Re-sale of lease any time during term of contract
Bar
Walking distance to the beach
Very cheap rent for the location
Great opportunity to increase turnover by providing food
Present owner will stay for hand over
Property information
- Real Estate:
- Lease
- Lease terms:
- Price: 175,000 € leasehold payment terms available- initial payment of 100,000 euros the remainder can be paid on a momthly basis for the duration of the contract!
Current monthly rent: 1,950 € plus 16% (i.v.a.) v.a.t.
Length of lease: 5 years renwable
Deposit -tba
- Leasehold rent:
- €1950 PM per annum
- Location:
- Old town
- Premises details:
- AS ABOVE
Other information
- Support & training:
- YES
- Financing available:
- MAY BE A %
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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