Hotel in Germany (ready business)

A ready-made business is for sale - an operating hotel in good condition.
The hotel has 17 rooms, 15 parking spaces, a restaurant and 3 garages.
Guest terrace of the restaurant with approximately 40 seats.

Restaurant area 85m2
Parking plus land under the building 1202 m2
The plot behind the building is 2587 m2

Year of construction: 1961

Partial renovation required: 7 rooms and restaurant premises.

The building is well maintained.

Updated heating system (central, gas)

The building has a passenger elevator from the basement to all floors.

The owner's apartment with an area of about 85 m2 is located in the extension with a separate entrance.

The hotel is located within the Harz National Park, in a very beautiful location on a south-facing hillside with wonderful views of the Harz Mountains.
A popular cycling and walking route passes by the hotel.

The hotel has many regular guests and is widely known among vacationers.

The hotel is open all year round.
Lots of bookings for 2024.

The hotel has significant potential for increased income.
The hotel can generate up to 20% per annum.

The reason for the sale of the hotel is the owner's move to another country.

The main advantages of the hotel from a business point of view:

- the hotel is located in an attractive location – directly in the Harz National Park.

- demand for hotel services all year round: not only among tourists, but also among local employees of large companies.

- low competition among hotels in the city.

- a significant volume of bookings for the current year and next year.

- significant development potential.

Commission for the buyer +4.76% of the cost of the property.
Detailed information about the hotel is available upon request.