Three-star hotel with a long lease near the center of the town.
Description
The hotel room capacity: 39 rooms.
The hotel includes a restaurant, a bar and several conference rooms.
The building was built in 1950 and renovated in 2012.
Absolute annual income is 210,000 €.
The current yield of 5.7%.
The hotel is rented.
The lease agreement is valid for 20 years and includes the extension options.
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5%.
The broker's fee of 4%.
The property is located in a town with a population of more than 20 thousand people in the federal state of Bavaria. The town has developed industry, trade and business. The offices of several well-known local and international companies are placed here.
The hotel is located in a walking distance from the public transport stops. The center of the town can be reached in a few-minute drive. A supermarket, a museum and a park are situated not far from the building.
