Hotel with a long-term lease agreement in a suburb of Frankfurt am Main, Germany

Additional information is provided after the signing of an NDA

Hotel with a long-term lease agreement in a suburb of Frankfurt am Main, Germany

6,500,000 €
2,355 € /m²
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  • Total area
    2,760 m²
  • Yield
    4.6%
Details
Property parameters
  • Land area: 2,000 m²
  • Total rooms: 70
  • Number of parking lots: 60
  • Hotel rating: 4
Financial performance
  • Annual income: 300,000 €
Tenants
  • Fully let
  • End of lease: 2035
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0% + VAT
Features
  • Underground parking

Four-star hotel 30 km from Frankfurt.

Description

The hotel includes 70 rooms and several conference rooms.

The building has an underground parking for 50 cars and an outdoor parking for 10 cars.

The last repair works were carried out in 2016, the hotel is in very good condition.

Tenants

The tenant is the hotel chain which includes more than 30 hotels.

The lease agreement is valid until 2035.

Location and nearby infrastructure

The property is located 30 km from Frankfurt, in a city with a population of about 60 thousand people.

Frankfurt am Main is the largest city in the land of Hessen and the 5th largest city in Germany. Its population is more than 730,000 people. Frankfurt is the center of commerce, culture, education, tourism and a transport hub. Frankfurt is the 2nd city in Germany and the 48th in the world in terms of the cost of living (Mercer Human Resource Consulting).

There are about 43,000 companies in Frankfurt. The city is the site of many global and European corporations: Nestlé Deutschland, LinkedIn, Kern AG, Lufthansa Consulting. Messe Frankfurt — the 3rd largest international exhibition center in the world, has more than 800-year history. Annually Messe Frankfurt holds more than 100 exhibitions around the world.

Frankfurt International Airport is among the 10 largest in the world, its passenger traffic is more than 54 million people a year.

There are the world's largest educational institutions in Frankfurt, including the world-famous Goethe University with more than 44,000 students (2018).

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Frankfurt am Main.

All ads in the country: hotels for sale in Germany.

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