Hotel in Dormagen, Germany, 5 000 m²

Germany. Dormagen. Land, restaurant, and existing hotel in the center of Dormagen.
Object: Land plot
a) with a well-maintained 3-star hotel with 81 rooms
as well as underground parking for 26 vehicles and an event restaurant with approximately 400 seats.
b) Adjacent land plot, partially suitable for residential development, also suitable for a care facility for the elderly, a nursing home, etc.
Location: Desirable urban location in the center of Dormagen, just 0.5 km from the city center.
Land area:
a) approx. 3,800 m²
b) approx. 2,300 m²
Building regulations: In accordance with development plan 351 MK
Possible development: A very well-maintained and regularly staffed hotel
could also be converted into residential space, such as micro-apartments. Behind the hotel are several old buildings slated for demolition.
On a plot of approximately 2,300 m², following preliminary negotiations with the city's building department, a new 4.5-story building with a total floor area of ​​approximately 5,000–6,500 m² may be constructed.
PURCHASE PRICE: €9,500,000.
Buyer's commission: 3% plus applicable VAT, payable by the buyer upon execution of a notarized sales contract or an economically equivalent agreement.
Additional information:
The restaurant also has an excellent reputation and is usually fully booked.
The underground parking beneath the hotel could be significantly expanded to include the area behind it.
We will sell your apartment or house.
We have a selection of apartments and houses to suit various budgets, including commercial properties.