Hotel 3* in the Closest Suburb of Stuttgart for Sale with 60+ Rooms, Lease Agreement Until 2030
Property type: hotel
Purchase of established rental business
Hotel category: 3*
Room capacity: 60+
Location: closest suburb of Stuttgart, Germany
Construction year: 1990’s
Hotel operator: lease agreement until 2030
well-known Hotel operator is ready to sign lease agreement until 2030 with the new owner:
• with the possibility of a renewal option (1x5 years)
• with indexation of yield linked to inflation
• with a bank guarantee
Purchase price: 5,650,000 EUR
(+ closing costs)
Rental Income: ca. 320,500 EUR per annum
(+ index linked to inflation)
Yield: 5.7% per annum
Amenities and other defining features:
• cozy guest rooms with personal bathroom, satellite TV, desk
• breakfast area, daily buffets
• bar
• terrace
• car parking facilities (25+ spaces)
• free Wi-Fi
• 24-hour front desk
• luggage storage
