A three-star hotel with commercial premises.
The hotel room capacity: 113 rooms.
The area of the hotel is 4,650 m².
The commercial area is 1,000 m².
There is an underground parking for 20 cars in the territory of the hotel.
The building was built in 1994 and renovated in 2013.
There is a possibility of buying hotel rooms separately.
Absolute annual income is 550,000 €.
The current yield of 5.8%.
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.
The agreement provides for rental payment indexation.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 4.76%.
Location and nearby objects
The property is located in the Grossshoher area, in 6 km from the Leipzig's main railway station and in a 10-minute walk from the historic city center and the famous Town Hall.
The City Gallery and the Gallery of Modern Art are situated in a walking distance from the hotel.
The Kospudener Lake can be reached in a 5-minute drive. The distance to the Leipzig-Halle Airport is 14 km.