Service sector in city Milan
2150.00 sq.m.

€ 14 700 000

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Hotel with 4 star rating, area 2150 sq.m, in the centre of Milan (Lombardy).
Five floors. The hotel has 48 rooms, reception Desk, bar, restaurant, 2 Congress halls.
The hotel is near the exhibition center Fiera Milano, Sforzesco castle, Parco Sempione, railway stanciya Cadorna (international airport "Malpensa" airport is connected with the city centre by train line "Malpensa Express from the station 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.
The average annual hotel occupancy rate is 85 %. The annual income of the 20 % (net profit 6 %). For sale building itself and the business. Number of employees - 10 people. Possible mortgage - 55 % of personal funds and 45 % of the loan payment is 600 000 Euro annually. To obtain financial indicators interested buyer must provide a letter of intent (LOI) to the owners of the hotel.

Location of the property on the map

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