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#Business ID: 16069

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Beautifully Situated Hotel In The Spa Town Of Chopin

Business Location: Duszniki Zdroj, Wrocław, Poland

Asking Price: $ 1,300,000 Revenue: $ 320,000 Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

This Hotel is a detached, four-storey building with a basement and attic to be adapted.

Usable floor space: 1.759,55 square meters, floor surface: 436,14 square meters. Building is in good condition, is very functional and well finished. It is situated on a 3.301 square meters plot in area. The owner has sole proprietorship of the plot which is triangular in shape and has full utilities (pipes, sewers and power lines).

The hotel is a three star equivalent hotel located in the heart of Duszniki Zdrój- the famous health resort. It has got 28 standard rooms and 2 deluxe rooms, giving it a total of 67 beds. There is a restaurant, coffee shop, bar, SPA and wellness and a conference room.

In accordance with an assessment from 2013, hotel’s approximate value is 6.157.100 PLN.

•Hotel is a well functioning and income generating hotel. It has many loyal customers, mainly among the elderly.

•The hotel requires renovation. Its location, demographic and with social changes taking place in Poland and Europe there is an opportunity to realign the business model by renovation of the hotel and introducing new facilities.

•A land development plan is in the approval stage. It will allow for a superstructure for the existing hotel and for an additional building to be built, which will result in one hundred extra apartments and will provide the residents with recreational and rehabilitation facilities including swimming pool.

•The hotel’s location is perfect for people who value calmness, but are open for interesting experiences. What’s more, Duszniki Zdrój offers a microclimate which supports many natural treatments which have a positive effect on the health and wellbeing of senior citizens. Duszniki Zdrój also offers high quality medical and rehabilitation professionals and facilities.

Property Details

Size:

1759,55

Years Established:

1995

Property Type:

Real

Real Estate Value:

$ 2,000,000

Other Business Details

Business Location:

In the center of the spa park, in the foothills of the ski center Zieleniec.

Expansion Potential:

The development plan including the plot is still to be approved. The owner petitioned for: • the possibility to superstructure the existing building • the possibility to extend the existing structure • the structure not to exceed 45 % of the available land • the structure not to exceed 20m in height • the roof type: mansard, steep, flat • hotel/boarding house with health resort • the possibility to basement the extension The above can result in the floor surface being extended by over 75%. The second building footprint is approx 470 square meters in accordance with current regulations. The building intends to cover approx 33% of the total space available, which will keep the remaining space available for facilities and attractions. The expansion and renovation of the Muza hotel and the new build will considerably enhance standards with the improved and new facilities such as a swimming pool and SPA. The parameters after modernization and extension: • 51 apartments in the existing building (about 1.200m2), • 49 apartments in the new building (about 1.470m2), • apartments equipped with a bathroom and a dinette, • apartments from 19-33 square meters, • the possibility to join apartments, • storage units available in the basements, • restaurant, dining room, communal room, • swimming pool, SPA, • library, • laundry, drying room, • utility rooms.

Living Accommodation?

Yes

Planning Consent:

Usable floor space: 1.759,55 square meters, (18940 Sq feet) floor surface: 436,14 square meters (4693.1ft²) 3.301 square meters plot

Business Operation Details

Employees:

6

Trading Hours:

24

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