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Hotel in Loerrach, Germany

5,450,000 €
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Total area: 2,110 m² Built in 1996
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Features
  • Land area: 1,016 m²
  • Number of parking lots: 25
  • Total rooms: 48

Profitable investment — the hotel in the city center.

Description

The hotel consists of two buildings: the first building of about hundred years old, completely renovated because of a fire in 2010, a second building was constructed in 1996 and is also in line with modern requirements.

The hotel includes 44 rooms and 4 separate apartments, totally possessing 90 beds. The underground garage space for 25 cars.

High occupancy hotel allows owners to form of income funds for the renovation and maintenance of facilities in good condition.

Commercial property

There are some commercial objects on the hotel territory:

  • Greek restaurant with 150 seats
  • The Italian pizzeria with 80 seats
  • Hair salon

All properties are rented for a long period. The proximity to the city center (on the border of the pedestrian zone) and high quality service has long provided these enterprises to stable profitability and the ability to trouble paying the rent. The equipment belongs to the tenants. Information bout the rental are available on request.

Features

The total area of commercial premises, around 1560 м² incl.:

  • Building 1 (part of the hotel and a Greek restaurant) about 550 м²
  • Building 2 (part of the hotel, pizzeria, hairdresser) about 1010 м²

The total area of other rooms, about 550 м² incl.:

  • An underground garage is about 250 м²
  • Basements of about 300 м²

Location

The facility is located in one of the fastest growing regions in Germany. The proximity to Switzerland and France leads to an increased demand of wealthy foreigners for goods and services in Germany. Great demand hotel services, as similar services in Switzerland is about three times more expensive.

Infrastructure

City Loerrach captivated by its charm, superb infrastructure, proximity to ski resorts and alpine-known European centers, as well as many attractions in the neighborhood.

Distance from the airport: 20 minutes to Basel, 70 minutes to Zurich.

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 Lörrach elsewhere on our website.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services