Hotel in Berlin Mitte for sale, lease 2029 Yield 6,25%

Brand new Hotel with Triple A tenant, Berlin city centre.

Hotel Berlin Mitte

Freehold of a block comprising 156 bedroom Triple A tenanted hotel,

2 office floors , and 2 retail units

The development is expected to be completed by September 2009

Total Revenue 670.920 EUR

Purchase Price:

- Option 1: Sale at 6% i.e. 16,66 times the final passing rent on completion; developer would require a 10% deposit

- Option 2: Sale at 6,25% i.e. 16 times the final passing rent on completion; developer would require a 20% deposit