Business For Sale. B & B, Guest House, Hostel, Letting Accommodation

Asking Price â?¬ 500,000 (Freehold)

Accommodation & Catering Development Opportunity
Currently Old Olive Mill in Rural Location
Lifestyle or Business Opportunity
Close to Ski-ing, Golf & Beaches
Central to 2 Major Airports
Attractive Potential Return on Investment

THE DEVELOPMENT

An old olive mill, partially renovated with massive potential for a unique & large family home though the present owners are currently building up the project as a Wedding, Events & Conference Centre and have already held some weddings in the shadow of the mill. There are also plans to add several suites within the mill which would make it a superb boutique style small hotel providing the new owners with a substantial income stream as well as a dream lifestyle.

Although there is still a large investment required to complete the development this is reflected in the asking price. It is felt that the potential financial rewards would make this project worthwhile.

THE LOCATION

The olive mill is situated just outside a popular town which holds a daily market and became famous in the book "Driving over Lemons".
It is in the region of the Alpujarras de Granada in southern Andalucia, separated from the sea by the slopes of the majestic & stunning peaks of the Sierra Nevada which are often snow-capped. It is an area popular for hiking, golf, cycling and touring whitewashed towns & villages. The Ski resorts are less than an hour away and boast of 37 miles of ski slopes, 45 ski runs & 20 ski lifts.
The warm, sandy beaches of Andalucia are 45 minutes away and an hour´s drive takes you to Granada airport with Malaga airport being a little further away.
The property is within easy distance of Granada city with its modern facilities yet dominated by the 14th century breathtaking Alhambra â?? the most remarkable fortress ever built & the highlight of Spain. It is a Unesco world heritage site & its art and ceramics are without equal. Granada also has museums, art galleries, Arab baths and parks as well as an outstanding cathedral and several impressive churches
A vista of olive trees can be seen within a fast growing organic farming region


THE OPPORTUNITY

The current owner is closely adhering to a sustainable and energy self sufficient concept using traditional natural hydrolic lime and hydrated lime products rather than cement with an overview to using natural air cooling systems with wind and solar for heating and energy. He also has a sustainable building company and is prepared to stay on as a Consultant, Project Manager or even Contractor on the Project.