Three-star hotel in a new six-storey building.
Description
Total area of the property is 1,656 m²
The hotel room capacity: 107 rooms.
The building provided with parking for 23 cars, 14 parking lots are underground.
Hotel includes restaurant, bar, spa, fitness club and conference rooms.
Absolute annual income is 539,280 €.
The current yield of 5%.
The tenant is a large hotel chain.
The lease agreement was signed for 15 years with extension options for 3x5 years.
Lease agreement type: Double Net Lease. The tenant covers all expenses related to the taxes and insurance.
The agreement stipulates the rental payment indexation.
Notary fee of 1.5%.
RE purchase tax of 5%.
The broker's fee of 4%.
The hotel situated in famous resort of Germany, in the city with population of more than 40 thousand people.
