4-star hotel in the center of Milan.
Description
The hotel with an area of 2,700 m² consists of 120 rooms and is in perfect condition.
Equipment: 2 elevators.
There is an underground garage, a conference room, a dining room, a fitness room.
Occupancy — 85% per annum.
The property is fully let. The tenant is an Italian operator.
The long-term tenancy contract has been concluded with a term of 2035 (early termination of the tenancy contract is possible, if required).
Brokerage fee.
The property is located in the heart of Milan, near an underground station and a railway station.
Milan is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after Rome. It is a major industrial and manufacturing centre of Italy. The province of Milan is home to about 45% of businesses in the Lombardy region and more than 8 percent of all businesses in Italy, including three Fortune 500 companies.
Milan is Italy's largest financial hub. The main national insurance companies and banking groups and over forty foreign insurance and banking companies are located in the city.