Location: Close to Zurich Airport, 9km to city centre; 3.5km to Messe
No. of Keys: 140
The Property: The opportunity is to buy the freehold for this well-looking hotel, with an incumbent tenant, a major group in the DACH area, on a 20-year lease, offering the buyer a 4.5% yield.
The hotel is both close to the airport as well as the Glattpark, a huge new construction project with 7,000 residential population, a business park (Kraft Foods Europe have their HQ here) and the Opfikerpark, a 41 metre wide, 550 metre long lake.
The hotel has 3 meeting rooms, that take up to 50-60 people, restaurant and bar. EM
Main Photo: The funky style restaurant at this hotel
Brand/Management: 20 year lease in place for brand and management
Financials: Financials available upon signing of a NDA
Current Owner: A new, funky, small hotel chain with 30 or so hotels in Germany, Switzerland and around.
Agent: Local agent in partnership with The Hotel Property Company
Guide Price: CHF 61m incl. “Provision”
Guide Price per Unit: CHF 435,714
Date Posted: January 2020
THPT Comment: With both the airport and the Glattpark development, this property has a lot going for it.
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.
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.