Formia, Lazio, Address available on request

Elegant and renowned seafront hotel with 54 rooms, restaurant, terrace overlooking the sea as well as private beach and tennis court for sale just 3 km from the center of Formia, a town in the province of Latina, in the center of the Gulf of Gaeta. 
Description 
The imposing hotel, with a total of 4391 square meters of internal surfaces, is located inside a historic building built by Amedeo Bordiga. It is spread over five levels, including a basement and four floors in height. All areas of the hotel are connected by stairs as well as by elevator and freight elevator. The basement is partially used as a storage and warehouse and houses cold rooms, boiler rooms and tank rooms for drinking water. On the other side there is direct access to the beach, by elevator and stairs, complete with changing rooms for customers and toilets. On the ground floor there are the halls, lounges, offices, toilets, the large restaurant with sea view with terrace with canopy, a small private dining room with fireplace, the kitchen and pastry rooms, the rooms for washing dishes and finally the office and toilets for the staff. The first, second and third floors house the sleeping areas housing the 51 bedrooms with en suite bathrooms, as well as the linen storage rooms. On the fourth floor there are three large rooms and a large meeting room for conferences with a terrace that goes all around and offers a breathtaking view of the Gulf of Gaeta. 
Outdoor 
The hotel is accessed via an access road that runs along the large private garden of about 700 square meters embellished with tall trees, the tennis court and direct access to the private beach. The property has 785 square meters of terraces that allow you to have a breathtaking view of the sea in front. 
Condition and finishes 
The 3 star hotel is in good condition with the business up and running perfectly. It needs some renovation and modernization work to create a 5-star luxury resort. 
Potential uses 
This is an excellent investment opportunity to increase the business already well started by the owner family. 
Location 
Formia is very important from a strategic point of view, it is no coincidence that it was chosen by the Romans as a crossing point for the Appian Way. The property is just 3 km from the city center where all the main services are located, about 20' from Gaeta and 30' from Sperlonga, the most beautiful village in Italy. Naples and Rome, with their respective airports, are respectively an hour and a half and two hours away by car. Of particular importance is the port of Formia, a short distance away, from which ferries depart regularly to the islands of Ponza and Ventotene.