Hotel with commercial units near the center of Leipzig, Germany

Additional information is provided after the signing of an NDA

Hotel with commercial units near the center of Leipzig, Germany

10,800,000 €
1,963 € /m²
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  • Total area
    5,500 m²
  • Yield
    5.0 %
  • Rental rate (m²/month)
    8 €
  • Built in 
    1976
Details
Property parameters
  • Total rooms: 110
  • Number of parking lots: 46
  • Hotel rating: 3
  • 6-floor building
Financial performance
  • Annual income: 547,524 €
Tenants
  • Fully let
  • End of lease: 2034
Property status
  • Most recent total renovation: 2013
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 5.0 %
Features
  • Car parks

Three-star hotel with commercial units.

Description

The hotel occupies six floors and includes:

  • 110 rooms
  • commercial units with a total area of 1,000 m²
  • conference hall
  • wellness area with sauna
  • breakfast room
  • bar
  • restaurant
  • 46 underground parking spaces

All rooms have a private bathroom, a completely fitted kitchen and are fully furnished.

The hotel building is in excellent condition, the facade was renovated in 2013.

Deal type: Asset Deal, Share Deal.

Financial performance

Absolute annual income is 547,524 €.

The current yield of 5%.

The cost of the property through Share Deal is 9,600,000 € (yield of 5.8%).

Tenants

The tenant is a large hotel chain with more than 150 hotels in 5 European countries. The annual turnover of the company is more than 120 million euros.

The lease agreement is valid through May 2034 and includes extension options.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

Brokerage fee is 5% + 19% VAT (in total 5.95%).

Location and nearby infrastructure

The hotel is located in the south-east of Leipzig, near a shopping center and a train station. The famous Town Hall, the City Gallery and the Gallery of Modern Art are located in a walking distance from the hotel.

The city centre is in 5 kilometres away (10 minutes by car or 20 minutes by public transport), the entertainment park Belantis is in 10 kilometers away, the Cospudener lake is in 5 kilometers away.

The distance to the Leipzig-Halle Airport is 14 km.

Leipzig is the fastest growing city in the region of Central Germany with a population of more than 560 thousand people.

There is a trade fair in the city well-known not only in Germany but in all the world.

Leipzig occupies an important position in the development of the business industry, thus being one of the top priorities in the real estate investment market.

There are offices of such corporations as Amazon, BMW, Porsche and DHL.

  • Purchasing power index is 86.85
  • Centrality is 1.1
  • The turnover rate is 96.40

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Germany.

You can see more hotels for sale in Leipzig elsewhere on our website.

Statistics in Leipzig

Price per m², €
3,431
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
58
Index 58 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 3,431.0
Apartment in a bedroom community, m² 2,283.33
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 76.0
Taxi, 1 km 1.75
Petrol, 1 l 1.43
Food Price, €
Water, 1.5 l 0.28
Milk, 1 l 0.69
White bread, 500 g 1.25
Eggs, a dozen 1.97
Chicken fillet, 1 kg 6.78
Education Price, €
Kindergarten, per month 271.69
International school, per year 9,320.0
Health care index
Staff competence 71.43
Medical equipment 92.86
Research accuracy and completeness 64.29
Attitude towards patients 53.57
Security index
Crime rate 45.39
The risk of being robbed 39.47
The risk of car theft 36.84
The risk of break-in and property damage 57.89

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Leipzig
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