Germany Hotel for sale (Operator free)

Hotel / Renovated

Germany: Major city centre Hotel to be sold without operator

Property: 4 – Star – Superior Hotel + Restaurant

Renovation Status: Phase I completed (99 suites and rooms); expansions possible

Location: Top inner city

Restaurant: has been one of the most popular restaurants since its opening in 1981.

The management has stayed the same since 1981.

The rental contract ends in 2011 but the tenant would like to renew the contract.

Structure Data: 2 underground storeys, a ground floor plus 5 upper levels.

Floor Space: ca. 7.700 m²

Building History: Used as an office building until 2006; in 2006, remodelled asa hotel

Operator: Hotel sold without operator

Rooms: 99 completed suites and rooms (with inventory)

Expansion option I (E I): up to ca. 135 rooms

Expansion option II (E II): up to ca. 160 rooms * purchaseof additional plot

Furnishing: High quality, mini-bar, safe, bathtubs/showers, flat screen TV, internet, telephone. Parking spaces: Parking spaces can be found in the underground garage of the hotel or outside the building.

Owner: Privately owned

Purchase Price: 12.000.000 EUR