5-storey building was built in 1900 on a plot of 540 sq.m. and consists of three vanes:
front, rear and side (with elevator).
The total area of the building is 1934.28 sq.m. (without taking into account the basement).
There is an opportunity to complete the attic area of about 500 sq.m.
The occupancy of the hotel is on average about 71%.
The main workload falls on the hotel, which includes 33 rooms.
In addition, there are 8 apartments, 2 of which are rented for an unlimited lease, 6 apartments can be rented either in the short term or in
perpetual lease.
The object can be purchased, both with the current operator, and free for own management.
In 1995, sanitation was carried out, as a result of which the system of gas heating, sewerage and water supply was replaced.
Also in the building elements of the original decor of the stairwells of the beginning of the 20th century are preserved.
Location:
The facility is located in the heart of East Berlin - in the Friedrichshain district - popular both among city residents and among
tourists. There are numerous bars and restaurants, a metro station and a tram stop, the river Spree and the famous
the entire site of the Berlin Wall - the East-Side Gallery.
Another Berlin landmark - the television tower on Alexanderplatz Square - is only a few minutes away
reach. All necessary structure in walking distance.
Financial information:
Annual income (gross): last 5 years about 650.000 €
Property price: 6.000.000 €
It is possible to acquire the company on the terms "Share-Deal".
Hotel business in the capital of Germany is in a state
stable growth, as evidenced by a steady increase in inflows
tourists, and is one of the most profitable directions for
investment.
More information and photos of the hotel will be provided upon request!
