3-star hotel in the center of a Bavaria town.
The building is fullt renovated at the expense of the operator in 2018.
Restaurant and retail of 540 m² on the ground floor.
- soundproof windows
Absolute annual income is 600,000 €.
The current yield of 6,12%.
Up to 65% leverage from the purchase amount, 2% interest payment per annum. Investment amount minimum 4.3 mln euro
The tenant is a top-rated hotel operator with more than 50 hotels in Germany and Austria.
The lease agreement is valid for 20 years and contains extension options.
Double net lease: the owner takes on the tax payment, insurance and capital repairs if necessary. Other details of the contract are negotiable between the owner and the tenant on an individual basis.
The lease agreement for retail spaces is valid for 10 years + extension options 2х5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 4% + 19% VAT (in total 4.76%).
60 km to Munich.
Situated in the pedestrian area of the historic center of the town, in a 5-minutes walk from the railway station. The best hotel in the area — no competiton.
The town is located in a well-known touristic region of Bavaria. Several large international companies are head-quartered in this town as well. Employees and partners of these corporations are coming here from all over the world.
Therefore, the hotel enjoys popularity of town visitors.