A four-star hotel.
Description
Total area of the building is 4,248 m²
The hotel room capacity: 114 rooms.
The building was built in 1963. In 2008, the property was renovated.
The purchase price of the property includes a parking for 68 cars.
The hotel includes 7 conference rooms, a bar, a restaurant, a spa, a gym and a garden.
The hotel can be delivered without tenant. In this case, the purchase price is 6,000,000 €.
Absolute annual income is 593,265 €.
The current yield of 7.9%.
The tenant is a hotel operator.
The lease agreement is valid until 31.12.2025 and includes extension options for 2x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
The hotel is located in the federal state of Baden-Württemberg in the suburbs of two major cities: Mannheim and Heidelberg. The distance to the centers of both cities is not more than 20 km.
The population of the town is more than 5 thousand people.
There is an entrance to the motorway in a close vicinity of the property.
