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Golf & Related Business

Price:
Freehold - €15,000,000
Seller Ref:
SP5658F
Location:

Balearic Islands, Mallorca, Undisclosed

Business Type:

Retail businesses

See Other:
Sports shops for sale in Balearic Islands
Retail businesses for sale in Balearic Islands
Description:
THE BUSINESS:
Asking Price €15,000,000 Freehold o Exceptional Investment project in Mallorca o Opportunity for development of 5 star hotel complex o Established golf course in operation o Club house with bars and restaurant o Spectacular scenary o Swimming pool and substantial parking A golf course consisting of 9 holes, driving range and in addition the clubhouse contains bars and a restaurant dining inside and out open to golfers and non golfers. In addition to the normal golf facilities, the club house contains bars and a restaurant with dining inside and out. The facility is an extremely popular venue for special functions. The large terrace has a swimming pool with superb views. The site includes an additional 390,000m2 sufficient for the possible construction of a further 9 holes and other leisure or sporting activities. The Mallorcan tourist authority and local council granted approval for the construction of a 100 bed five star hotel. There are plans for the existing golf club-house to be demolished and replaced with a new 2,400m2 building incorporating hotel reception, restaurant, 300m2 spa, health club, golf reception, shops and other leisure facilities. A detailed design package and financial appraisal is available.
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