Three-star hotel with a long-term lease.
Description
The hotel has 52 rooms.
The hotel includes a parking, a swimming pool, a terrace.
The annual income is 343,000 €.
The current yield is 6.6%.
The tenant is a hotel chain with more than 20 hotels in Germany and Austria.
The lease agreement is valid for 20 years + extension options and provides the indexation of the rent.
Lease type: Double Net +.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 4% + 19% VAT (total 4.76%).
The property is located in a city with a population of more than 100 thousand people in 40 km from Stuttgart.
There is a pharmacy, a covered car park, several restaurants and a bank near the hotel.
The hotel is quietly located just in 10 minutes from the shops/shopping centers and in a 30-minute drive from the new exhibition center and an airport.
Distances:
City center — 400 m
Bus stop — 600 m
Federal highway — 500 m
Central Train Station — 700 m
City garden — 800 m
