Three Star Hotel, City Centre Antwerp, 130+ Keys For Sale

Location: Central Antwerp, Close to Central Station, Belgium

Name: TBA

Guide Price: €10.5m

No. of Keys: 130+

The Opportunity: The plot area is 733 smq, 6,931 sqm over nine floors. Of the 130+ rooms, some 25 are large family rooms. Stylish brasserie restaurant plus separate bar, the hotel is of plain design…ready for a refurb, 180 sqm meeting room to take 160 people for banquet plus smaller 100 sqm room. DK

Family room at this hotel

Main Photo: Antwerp city-centre

Tenure: Freehold

Flag and Management: Free of both

Current Owner: Small hotel group, who might continue marketing agreement

Agent: Local agent in partnership with THPT

Financials: Financials available – 5% yield

Guide Price: €10.5m

Price per Key: €78,947

Date Posted: May 2020

THPT Comment: A great opportunity to secure a three star city-centre hotel, ripe for refurb for an existing hotel chain/flag.

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.

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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.