Four Star Hotel in Milan For Sale – 250 Rooms plus

Location: Turro, Close to Metro, Milan, Italy

Name: TBA

No. of Keys: Slightly more than 250, Standard, Superior and Suites, Including a Number of Apartments

The Property: Currently under a major brand, but be secured flag free. This hotel was opened in 2012. It is just outside the centre of Milan (9 km from Linate airport and 5km from Milano Centrale station). The hotel has it’s own shuttle coach.

The hotel has two restaurants, a spa with a gym, a multi-functional conference centre with a capacity of 300 seats. The complex consists of five buildings connected by spacious galleries, with a total area of 35,000 square meters, with 7,600 square meters, parking and 3,000 square meters of internal very well-kept gardens, which offers golf lovers a 7-hole course.

The hotel runs a happy hour for residents in the summer in the garden area, with live music.

There is also a roof-terrace, business centre and a pool.

The spa, restaurant and cleaning is currently outsourced.

Main Photo: A suite at this hotel

Tenure: Freehold

Brand/Management: Will be flag and management free on sale

Current Owner: Private company

Guide Price: €62m to include agents’ fee

Guide Price per Key: €250,000

Date Posted: September 2019

THPT Comment: A very substantial hotel, whilst not in the centre, in a good area convenient for the universities of Milan

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.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

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.