Hotel Germany in Kassel 42+ rooms villa Usable ar Print this pagePrint this page
 Hotel Germany in Kassel 42+ rooms villa Usable ar
Type: buy
€5.250.000,00
Seller
Quantity: 1
Availability: yes
Location:  Kassel
Description
<p><strong>Hotel Germany in Kassel 42+ rooms villa Usable area 1500 m&sup2;17 residential units divided into* 10 hotel room* 6 apartments In front of the construction site 70 80% occupancy Germany.</strong></p>
<p><strong>17 residential units divided into</strong></p>
<p><strong>* 10 hotel rooms</strong></p>
<p><strong>* 6 apartments</strong></p>
<p><strong>approx 3420 m&sup2;</strong></p>
<p><strong>Hotel </strong></p>
<p><strong>-Usable area: 1400 m&sup2;</strong></p>
<p><strong>-42+ rooms</strong></p>
<p><strong>-Current utilization of 50%</strong></p>
<p><strong>-In front of the construction site 70 80% occupancy</strong></p>
<p><strong>-Building condition: renovated / as good as new</strong></p>
<p><strong>-A radio mast is located on the roof with a permanent right of use, as well as a</strong></p>
<p><strong>associated technical room</strong></p>
<p><strong>* &euro; 400 rental income from the sale of electricity to the radio mast operator</strong></p>
<p><strong>-&euro; 20,000 monthly rental income</strong></p>
<p><strong>villa</strong></p>
<p><strong>-Usable area 1500 m&sup2;</strong></p>
<p><strong>-17 residential units divided into</strong></p>
<p><strong>* 10 hotel rooms</strong></p>
<p><strong>* 6 apartments</strong></p>
<p><strong>* large top floor apartment</strong></p>
<p><strong>-Is under cultural monument protection</strong></p>
<p><strong>* 100% depreciation</strong></p>
<p><strong>-Building condition: gutted / good building fabric</strong></p>
<p><strong>-Elevator: built in &amp; paid for</strong></p>
<p><strong>-&euro; 12,000 monthly rental income (estimated)</strong></p>
<p><strong>restaurant</strong></p>
<p><strong>-Usable area: 280 m&sup2;</strong></p>
<p><strong>-Building condition: The shell is in place</strong></p>
<p><strong>-On the interior work 50% depreciation</strong></p>
<p><strong>-5,000 &euro; monthly rental income (estimated</strong></p>
<p><strong>We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.</strong><strong></strong></p>