Hotel, North Rhine-Westphalia, Germany

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Hotel, North Rhine-Westphalia, Germany

16,400,000 €
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Yield: 5.4% Built in 1993
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Features
  • Operating Incomе: 890,000 €
  • Land area: 9,848 m²
  • 4-floor building
  • Number of parking lots: 149
  • Most recent total renovation: 2008
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0%
  • Total rooms: 165
  • Hotel rating: 4
  • Balcony or terrace
  • Car parks

Four-star hotel with a long-term lease agreement.

Description

The property was built in 1993 and renovated in 2008.

The room fund of hotel: 165 rooms.

The hotel includes 8 conference rooms, a restaurant with 150 seats, a bar with 35 seats, a terrace with 80 seats, a sauna, a solarium and a fitness.

The building is equipped with a climate system.

There is a parking for 149 cars in the territory.

Type of transaction: asset deal, share deal.

Financial performance

Absolute annual income is 890,000 €.

The current yield of 5.4%. 

Tenants

The tenant is a large hotel chain with more than 800 hotels in 63 countries.

The lease agreement is valid through 2028 and includes extension option for 1x5 years.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.5%.

Brokerage fee is 4% + 19% VAT (in total 4.76%).

Location and nearby objects

The property is located in a town in the federal state of North Rhine-Westphalia. The population of the town is more than 50 thousand people. There are federal highways and freeways near the town.

Distance from major cities is:

  • 10 km from Cologne
  • 25 km from Bonn 
  • 40 km from Dusseldorf

There is a supermarket, pharmacies, restaurants, cafes and wellness center in a walking distance from the building. There are bus stops nearby. 

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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 North Rhine-Westphalia elsewhere on our website.

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Enquire about this hotel
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services