Four-star hotel.
Description
Total area of the property is 4,000 m²
The hotel room capacity: 100 rooms.
The hotel includes restaurant and 5 conference-rooms with the capacity up to 250 persons.
The building was renovated in 2016.
Absolute annual income is 300,000 €.
The current yield of 5.5%.
The tenant is a large hotel operator.
A new lease agreement is valid through 2037.
Notary fee of 1.5%.
RE purchase tax of 5%.
The broker's fee of 3%.
The hotel is situated within 5 minutes drive from the city center. There is the largest in the world exhibiton center ”Hannover Messe“ located closee to the property. An accessway to the motorway and a railway station are located within few minutes drive.