Building for Sale

Hotel + restaurant + 3 apartments

Building housing the hotel and restaurant

Layout:

- Ground floor (Restaurant + offices): 295 m²

- 1st floor (Hotel): 113 m²

- 2nd floor (Hotel): 113 m²

- 3rd floor (Attic currently converted into a private space): 78 m²

- => Net area of 600 m² excluding basement (Storage, cold room, technical room).

Current state

- Air conditioning in the restaurant and all hotel rooms

- The restaurant was completely renovated 7 years ago

- The hotel was renovated 7 years ago

- The facade was redone in 2018.

Miscellaneous:

- Large terrace and 3 parking spaces rented to the City of Luxembourg

* Studios

Layout:

- Ground floor: entrance, staircase, laundry room, boiler room, technical room and garbage room, 47 m²

- 1st floor: studio of about 50.5 m², rented 1,450 € per month charges included

- 2nd floor: studio of about 50 m², rented 1,650 € per month charges included

- 3rd floor: attic converted into a studio of about 42 m², rented 1,750 € per month charges included

- Investment property created in 2013

2. Commercial assets

Business - Hospitality

- Hotel With 12 rooms: 4 single rooms, 7 double rooms and 1 triple room, for a total of 22 beds.

Business - Restaurant

- Approximately 200 covers/day (excluding deliveries)

- Lunch and dinner service

- Financial statements available on request

Investment opportunity

- Permanent activity

- Ideal location for the building and its commercial activity

- Solidly constructed buildings, recently renovated almost entirely according to market standards

- Good return on rental investment

- Stable and efficient commercial assets

- Stable and prosperous catering business

- Possibility of developing the 3rd floor of the hotel building/restaurant into additional rooms or studios/shared housing
Sale Details
- Agency fees at the expense: Not communicated
- Thermal protection class: F
- Surface du terrain: 4 ares
Reference agence: LU:12432947K501x054ea5e6-2de7-11f1-ae0b-42010a840a