Hotel with a 17-year lease in Bautzen, Saxony, Germany

Additional information is provided after the signing of an NDA

Hotel with a 17-year lease in Bautzen, Saxony, Germany

4,400,000 €
1,746 € /m²
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  • Total area
    2,519 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    10 €
  • Built in 
    1994
Details
Property parameters
  • Total rooms: 89
  • Number of parking lots: 71
  • Hotel rating: 3
Financial performance
  • Annual income: 312,360 €
Tenants
  • Fully let
  • End of lease: 2037
Transaction costs
  • Notary (state registration): 1.5 %
  • Broker: 3.57 %
Distance to:
  • Lake at 5,000 m
Features
  • Balcony or terrace

Three-star hotel with a long-term lease agreement in 5 km from the lake.

Description

The hotel includes:

  • 89 rooms (20 single rooms, 66 double rooms, 3 triple rooms)
  • bar and breakfast room with 48 seats
  • conference room (54 m²)
  • outdoor parking for 51 lots
  • restaurant with terrace (285 m²) for 120 people and an open parking for 20 lots

Deal type: Share Deal.

Financial performance

The annual income is 312,360 €.

The current yield is 7%.

Tenants

The tenant is the hotel chain which manages more than 30 hotels in Germany and Switzerland.

The lease agreement is valid until 12/31/2037.

Location

The property is located in a large district city in the Bautzen district, in the federal state of Saxony. The population of the city is more than 30 thousand people. Dresden is approximately 50 km away.

The property is located in a quiet location on the outskirts of the city, surrounded by the scenic heathland and lakes. The surrounding countryside is ideal for water sports, hiking and nature walks.

There is a well-known chain supermarket in 200 meters, and a market in 800 meters.

Day-trip options from the property include the Fürst-Pückler-Park (the UNESCO landscaped park) as well as the Spreewald forest.

  • Property on the map
    Location right down to the building, street or city

More properties

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 Bautzen elsewhere on our website.

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