Hotel 3* in the State of North Rhine-Westphalia for Sale with 50+ Rooms, Restaurant, Car Parking
Property type: hotel
Purchase of established rental business
Hotel category: 3*
Room capacity: 50+
Construction year: 1960
Latest renovation: 1990’s
Location: the state of North Rhine-Westphalia, Germany
• hotel is located in a city with a population of more than 100,000
Hotel operator: long-term lease agreement
• with the possibility of a renewal option
• with indexation of yield linked to inflation
• with a bank guarantee
Hotel can also be purchased free of management:
• i.e.without execution of the agreement with the current Hotel operator
Purchase price: 6,700,000 EUR
(+ closing costs)
Possibility of Share Deal:
• acquisition of the shares of the company that owns the property
• in case of Share Deal there is no obligation to pay property transfer tax
Income: 414,000 EUR per annum
(+ index linked to inflation)
Yield: 6.2% per annum
Amenities and other defining features:
• cozy guest rooms with personal bathroom, hairdryer, satellite TV, desk
• restaurant
• bar
• conference halls
• on-site car parking
• commercial area
• free Wi-Fi
• 24-hour front desk
• luggage storage
• laundry service
