Hotel with a long-term lease agreement.
The construction will be finished in 2018.
The hotel room capacity: 94 rooms.
Absolute annual income is 428,000 €.
The current yield of 4.5%.
The tentant is a large French chain of hotels. The chain was established in the early 1990s, was dynamically developing and currently has more than 250 hotels in France and more than 100 throughout France (Germany, Italy, Spain, Czech Republic, Poland, Morocco).
The lease agreement is concluded for 20 years and includes extension options for 3x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
Location and nearby objects
The hotel is located in the city of Leverkusen in the state of North Rhine-Westphalia. To the South, Leverkusen borders the city of Cologne and to the North is the state capital Düsseldorf.
Leverkusen has more than 160,000 inhabitants.
The head quarters of the pharmaceutical company Bayer is situated in Leverkusen.