Development Opportunity Zurich Airport 300 Room Budget Hotel
Location: 3.5 km from Zurich Airport, 250 km from motorway exit, to Zurich, Bern/Basel, Switzerland
Name: TBA – Planned as three star
No. of Keys: 300
The Property: The plot size is around 4,500 sqm and plans are to build a 300 room budget hotel, with 180 parking spaces, 135-seat restaurant (190 sqm).
The land comprises two plots of land, with a total of 4,489m2 of land that are available for purchase in prime location – well-suited for a hotel. Parcel 4829 includes an empty building awaiting renovation.
Parcel 4830 includes a 6-storey, fully let commercial building. If both buildings are rented out, rental income of CHF 616,000 net per year can be generated. To realise a much larger return, the two plots can be combined to build a hotel.
An event hall is planned and approved on a neighbouring parcel, which is regarded as an additional customer magnet. The visualisation is a preliminary project for a hotel, which has already been initiated by the owners. The project documents can be requested upon presentation of a non-binding offer (NBO).
The land is close to trams to the airport (6 minutes), the exhibition centre (8 minutes) and the centre of Zurich/Station (11/13 minutes).
The property could be open by 2021/22. SS
Main Photo: The new hotel, imagined
Tenure: Freehold…The land is for sale
Brand/Management: Management and Flag free
Financials: Available upon signing NDA
Current Owner: Private company.
Agent: Local agent in partnership with The Hotel Property Team
Guide Price: Land only: CHF 20m
Date Posted: March 2020
THPT Comment: This is a great opportunity to acquire a development project to build a 300 room budge hotel, close to Zurich city centre and airport.
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
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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.