PR24035, Commercial Property, Gallschütz bei Meißen, Sachsen, Saxony, Germany

€1,000,000

This lovely well known hotel is located in close proximity to Meissen right on the river Elbe and a mindblowing view over the world famous Elbe valley. It was fully refurbished and modernized in 2003 to very high standard and therefore is in an excellent condition inside and out. It hotel was built on a plot of land of 480m² and comprises of 25 rooms on a total area of 1,548m². The hotel has a great view over the Elbe River which is only a few metres away. The large beer garden just outside the property has direct access to the Elbe river where historical steam boots bring tourist to and from the city of Meissen.
The hotel has 25 fully equipped single and double rooms. There is also a large restaurant where all meals throughout the day are served. Parking facilities are available to all customers right next to the hotel.
Meissen is situated on the steep slopes of the Elbe valley lays the smallest vineyard in Germany where the grapevine ripens, which is used for producing the distinctive Meissen wine. The wine growing area in Meissen is one of the youngest ones in Europe. Good conditions for the growing of grapes are the weathering soils round the Elbe which base on different kinds of granite. The climate is mild and steady. Meissen is located 25km from the capital city (Dresden) of the state Saxony which is approx. 10-15 minutes drive away.
This wonderful hotel is achieving an amazing yield of 10%. The operator has been successfully running the hotel since many years and is ready to enter a new long-term lease with the new owner of this fantastic property. For further information on this property, please contact properties24 any time. Alternatively you can register free on our website www.properties24.org to receive regular email updates on new properties and latest property price changes.

 

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