- Asking price of £40,461,750 (€45,000,000)
- House
- 120 bedrooms, 1 reception room, 2 bathrooms
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Prestige Property Group
The Old Bank House, Long Street, Sherborne, Dorset, DT9 3BU
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94, 1 and 2 bedroom suites with separate lounge area all with private terrace or...
120 bedroom Hotel in Location witheld, Western Costa del Sol, Spain.
94, 1 and 2 bedroom suites with separate lounge area all with private terrace or balcony with sea and golf course views. 24 of the suites are currently owned privately but will be purchased back from the existing owners as part of the hotel sale. The sale includes a 51.5% shareholding in the 18 hole championship golf course with clubhouse, which was designed by Robert Trent Jones and it's 17th hole offers the best views of the whole area. The property was built in 1990 and refurbished in August 2006. Other facilities include: Cafeteria/Bar/Restaurant. Gym and Spa Congress Hall with capacity for more than 450 people The Management Contract in place was terminated in December 2007 and the Hotel now runs with an in-house management team. This will allow the hotel to become more efficient and, subsequently, increase income. In view of the recent changes to the management structure, no yield is available. The Hotel has just been upgraded by the Junta de Andalucia (Andalucian Government) to 5 star status.
120 bedroom Hotel in Location witheld, Western Costa del Sol, Spain.
94, 1 and 2 bedroom suites with separate lounge area all with private terrace or balcony with sea and golf course views. 24 of the suites are currently owned privately but will be purchased back from the existing owners as part of the hotel sale. The sale includes a 51.5% shareholding in the 18 hole championship golf course with clubhouse, which was designed by Robert Trent Jones and it's 17th hole offers the best views of the whole area. The property was built in 1990 and refurbished in August 2006. Other facilities include: Cafeteria/Bar/Restaurant. Gym and Spa Congress Hall with capacity for more than 450 people The Management Contract in place was terminated in December 2007 and the Hotel now runs with an in-house management team. This will allow the hotel to become more efficient and, subsequently, increase income. In view of the recent changes to the management structure, no yield is available. The Hotel has just been upgraded by the Junta de Andalucia (Andalucian Government) to 5 star status.
property reference: PPGI125683
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