Hotel, Düsseldorf, Germany

Additional information is provided after the signing of an NDA

Hotel, Düsseldorf, Germany

6,500,000 €
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Yield: 5.5% Built in 1970
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Features
  • Operating Incomе: 360,000 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0%
  • Total rooms: 60
  • Hotel rating: 4

A four-star hotel with a possible tenant.

Description

The hotel room capacity: 60 rooms.

The building was built in the 1970s.

9 conference rooms (up to 150 seats) are situated in the territory of the hotel.

The further information will be provided after the signing of the LOI and NDA.

Financial performance

Projected annual income is 360,000 €.

The projected yield of 5.5%.

Tenants

A big german hotel group wants to sign a lease agreement for 20 years with extention options 2 x 5 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

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

Location and nearby objects

The hotel is located in Düsseldorf, a capital of the federal state of North Rhine-Westphalia.

Düsseldorf, together with Berlin, Frankfurt am Main, Munich and Hamburg, is one of the five largest economic, transport, cultural and political centers of Germany. The headquarters of many big companies, as well as numerous educational institutions are situated in the city.

The population of Düsseldorf exceeds 612,000 people.

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Enquire about this hotel
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services