250 Room Hotel Frankfurt Airport For Sale Just Below 5% Yield
Location: Frankfurt Airport, Germany
Name: TBA
Guide Price: €38m
No. of Keys: Just shy of 250
The Opportunity: This chain-branded hotel at Frankfurt Airport West is a newly opened 3-star superior hotel and located directly on the Main River and is only a few minutes away from Frankfurt International Airport and all major motorway connections.
The hotel offers modern, light-flooded rooms with free high-speed WiFi, coffee and tea bar and sky TV. There is a 24-hour business corner, a craft beer brewery, a 24-hour kiosk, flight check-in at the business terminal at the reception and much more.
The restaurant boats it’s own brewery, with hearty cuisine and culinary highlights and a beer garden with a view of the Main.
There are 4 conference rooms with a total area of over 132 sqm, with free high-speed internet, air conditioning and the latest conference technology. 600 parking spaces. SV
Main Photo: The bedroom at this bright and breezy airport hotel
Tenure: Freehold, with 20 year lease in place
Flag and Management: Branded with one of the top 10 global hotel companies
Current Owner: A local company
Financials: The income would yield just below 5%
Agent: THPT is working with a local agent
Guide Price: €38m
Date Posted: July 2020
THPT Comment: This straight-forward deal is attractive with a yield of around 5%, on a 20 year lease.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email [email protected].
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.