A five-star hotel in a detached building.
Total area of the building is 5,800 m²
The hotel room capacity: 95 rooms.
The hotel inludes a restaurant for 75 seats, 2 conference rooms, a fitness-club and a spa.
The building was built in 2016.
Absolute annual income is 4,000,000 €.
The current yield of 5%.
The indexation of rental revenue is proportional to inflation.
It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.
The tenant is a large hotel operator.
The lease agreement is signed for 15 years with extension options for 2x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 4.76%.
Location and nearby infrastructure
The hotel is located in the central district of Frankfurt. There are public transport stops, a Metro station, shops and office centers situated in proximity from the property.