Hotel in city Milan
2150.00 sq.m., 48 bedrooms

€ 14 700 000
Hotel "4 stars", an area of 2 150 sq. m. in the center of Milan (Lombardy).
Five floors. The hotel has 48 rooms, reception, bar, restaurant, 2 Congress halls.
The hotel is near the exhibition center Fiera Milano, Castello Sforzesco, Parco Sempione, W/d, Stantsiya Cadorna (international airport "Malpensa" is connected to the city center railway line "Malpensa Express" from Cadorna station) and the metro. Located in the centre of Milan, in a favorable location for business and leisure, shopping, art exhibitions and leisure Park.
Average annual hotel occupancy rate is 85 %. Annual income 20% of (net profit - 6 %). Sold the building and business. The number of employees is 10 employees. Possible mortgage - 55% of personal funds and 45 % credit, with payment of € 600,000 annually. To obtain financial results to the interested purchaser must provide a letter of intent (LOI) to the owners of the hotel.

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