Investment property for sale, Luxembourg RBV61607

Hotel + restaurant + 3 apartments

Building housing the hotel and the restaurant

Layout:
- Ground floor (Restaurant + offices): 295 m²
- 1st floor (Hotel): 113 m²
- 2nd floor (Hotel): 113 m²
- 3rd floor (Loft currently arranged as private space): 78 m²
- => Net area of 600 m² excluding basement (Storage, cold room, technical room).

Current state
- Air conditioning in the restaurant and all hotel rooms
- The restaurant was completely renovated 7 years ago

- The hotel was renovated 7 years ago
- The façade was redone in 2018.

Diverse:

- Large terrace and 3 parking spaces leased to the City of Luxembourg

* Studios

Layout:

- Ground floor: entrance, staircase, laundry room, boiler room, technical room and rubbish room, 47 m²
- 1st floor: studio of approximately 50.5 m², rented for €1,450 per month including charges
- 2nd floor: studio of approximately 50 m², rented for €1,650 per month including charges
- 3rd floor: loft converted into a studio of approximately 42 m², rented for €1,750 per month including charges
- Investment building created in 2013

2. Commercial assets

Business Fund - Hospitality
- Hotel with 12 rooms: 4 single rooms, 7 double rooms, and 1 triple room, totaling 22 beds.

Business Fund - Restaurant
- Approximately 200 covers/day (excluding deliveries)
- Service at noon and in the evening
- Financial statements available upon request

Investment opportunity

- Sustainable activity
- Ideal location for the building and its commercial activity
- Solidly constructed buildings, recently renovated almost entirely according to market standards
- Good return on rental investment
- Stable and performing commercial assets
- Stable and prosperous catering activity
- Possibility of developing the 3rd floor of the hotel/restaurant building into additional rooms or studios/shared housing.