Four-star hotel with a long-term lease agreement.
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.
Absolute annual income is 890,000 €.
The current yield of 5.4%.
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.
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.