29 Room Corozal Hotel Close To Beach For Sale

Business description

29 Room Corozal Hotel Close to Beach Plus An Additional Lot For Sale For $1,700,000! This is a full service hotel in the downtown area. Belize is English speaking & a very popular tourist destination. The Owner has made lots of new improvements to the hotel over the last year and business is good. The hotel is attractively tiled throughout and has tastefully decorated guest rooms that all have air conditioning, comfortable beds & furniture mini-fridges, color televisions, free Internet access & full private baths. All the hallways & common areas are cool, breezy & secure & the off street parking lot is very safe. As well as providing short term accommodation, the hotel provides long term rates for guests who wish to rent by the month & enjoy all of the amenities of hotel living! The hotel is a popular tourist destination & is known for its affordable rates, clean comfortable rooms & friendly atmosphere. It has a bar & gift shop. Additional floors may be added to the building as the foundation is rated for 5 levels. Included in the sale is another 50 X 100ft. lot located behind the hotel. Call now for more information.

Property information

Real Estate:

Real Property Included

Location:

Beautifully structured hotel covering approx. 27,000sq.ft is located on the northeastern mainland of Belize in the center of Corozal Town, within easy walking distance of restaurants, shops & Internet cafes. It is only one block away from the beach. Many visitors to the area love to stroll the scenic waterfront where they can visit the municipal pier & even hop a water taxi for a day trip to the Cayes. Great convenient place to be in Corozal! Call now for more information.

Premises details:

27,000sq.ft hotel in Corozal Town.

Business Operation

Expansion potential:

Excellent possibilities for further expansion. Additional floors can be added to the building as the foundation is rated for 5 levels. Also, included in the sale is another 50 X 100ft. lot located behind the hotel

Competition / Market:

Some competition

Reasons for selling:

Owner wishes to retire and relocate

Trading hours:

24 hours a day, 7 days a week

Employees:

8

Years established:

1960

Other information

Support & training:

Owner offers training & support & will stay for a period of time to be negotiated.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing may be available, please contact for more details