A hotel under construction in the center of the city.
Description
The hotel room capacity will be 279 rooms.
A high-quality building with modern design rooms will be built in the 2nd quarter of 2019.
There will be parking for 36 cars and 14 bicycles on the territory of the property.
Equipment
- Wi-Fi
- air-conditioning system
- heating
- ventilation
- elevators
- loft
- mediaHub multimedia connection
- soundproofing
The absolute annual income is 1,953,720 €.
The current yield is 5,0%.
The tenant is a professional company in the field of hotel business. The tenant has more than 190 hotels throughout Europe and is included in the rating of the top 50 German hotel operators. Sales in 2016 amounted to 140 million euros.
The lease agreement is valid until 2039 and contains options for extension for 2х5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The brokerage fee is 3% + 19% VAT (in total 3.57%).
The property is located in the city center in a walking distance from the main station.
There are the historic center of the old town and a large commercial area nearby.
A good transport interchange, including the railway network and highways, connects the hotel with the major districts of the city.
There is a steady increase in the population from 2015 to 2030 by 0.7% annually in the city.
The distance to the airport is 20 km.
There is the embankment in a walking distance.
