+44 20 3608 1267
4-star hotel with an indoor pool, 10 conference rooms and a terrace with a bar, near Hannover Messe trade fair. Guaranteed rental income!

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4-star hotel with an indoor pool, 10 conference rooms and a terrace with a bar, near Hannover Messe trade fair. Guaranteed rental income!

24,000,000 €
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  • Built in 1994
  • 6-floor building
  • Broker: 6.0%
  • Total rooms: 222
  • Shared swimming pool
  • Terrace

The comfortable hotel consists of 222 rooms. In the territory of the hotel you find 10 conference rooms accommodating up to 700 delegates, a spa area, a gym with a swimming pool with a length of 15 m, saunas, a restaurant, a beer garden. The building was recently renovated.

Equipment

All the rooms are equipped with air conditioning.

Advantages

Guaranteed rental income of 1,250,000 euros from a German insurance company.

Tenants

A long-term lease contract is concluded for the period until 31.12.2019.

Escalating rents: 2016 – 1,200,000 euros, 2017 – 1,250,000 euros, 2018 – 1,350,000 euros, starting from the 5th year — 1,500,000 euros.

The cost of ownership

Investment renovation obligation — from 3,500,000 euros up to 5,000,000 euros.

Location

The property is located near Hannover Messe trade fair grounds.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Hanover (Hannover)
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