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Luxury Five Star Hotel In Hesse For Sale

Hesse
Asking Price:
€55,000,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Luxury five star hotel, in the heart of Frankfurt am main.
The hotel was built in 1813. Repaired. 7 floors. In the hotel's 159 rooms (135 rooms of different categories, 23 Deluxe rooms and one presidential Suite). 10 meeting rooms, 2 restaurants. Spa-area: the Spacious Spa-centre (1 500 sq. m.) with a thermal spring, thermal pool, fitness centre, 12 treatments rooms, saunas, Solaria and a beauty salon.
The hotel is situated in the heart of one of the oldest Spa towns of Europe.
The hotel's cost is 55 000 000 euros. The yield is 5% per annum. Annual income for single room - 86 792 euros. Commission - 3,57 % of the purchase price including 19% VAT. The documents are ready to deal. Additional information is available upon request and upon the signing of the LOI potential acquirer.

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