hotel best western palace inn ferrara

THE OFFER

High yield hotel investment opportunity in the heart of Emilia Romagna, city of Ferrara.

Located in Via Eridano 2, within the most productive area of the city and a few minutes away from the historical centre, the Hotel Best Western Palace Inn Ferrara enjoys an excellent location for commercial traffic in the entire province of Ferrara, ideal both for both leisure and business tourism flows.

The Best Western Palace Inn Ferrara Hotel, currently offered for sale with the benefit of a guaranteed business lease contract, consists of 85 rooms, a lobby bar, a breakfast room, a meeting room and a large adjacent car park with direct access. The perimeter offered for sale consists of:

  1. the hotel property
  2. the hotel company (furnishings, furniture, contracts, licenses, goodwill)
  3. different parcels of land surrounding the building with building compatibility.

The investment represents an excellent opportunity to acquire a medium-large sized hotel, with high performance stabilized on the local Ferrara hotel market, and with further upside potential deriving both from the management and rebranding components, and from the presence in the perimeter for sale of some specific land parcels with potential for further development.

Four-star hotel with 85 rooms with business services, offered for sale with the benefit of a high-yiled business lease

STATISTICS

85

rooms

40

restaurant

20

bar

2006

year of construction

4 star

class

3,100 sqm

gross surface

KEY INVESTMENT FEATURES

Perfect location for business flows

The Hotel Best Western Palace Inn is ideally located for the main commercial flows gravitating in the province of Ferrara: the hotel is about a kilometer away from the Ferrara Nord motorway exit and about 1 kilometer from the historic center of the city.

Services and hotel operations

The Hotel Best Western Palace Inn Ferrara is a typical select service hotel, with streamlined and high-performance hotel operations. This allows for excellent management margins and efficiency in the services provided.

Real estate buildings included in the sale perimeter

The sale of the hotel is made up of a set of buildings and land: the 8-storey hotel building, the site on which the hotel building stands, and also a series of parcels of land located adjacent to the hotel.

Benefit of a guaranteeed business lease agreement

The Best Western Palace Inn Ferrara Hotel is currently offered for sale with the benefit of a guaranteed multi-year company lease contract. The performance of the contract produces high profitability.

REAL ESTATE OVERVIEW

ID Property:
2023005
Hotel operations:
Limited service
Cadastral class:
D/2
Proposal:
Offered for sale
Classification:
4 star
Gross surface:
3,100 sqm
Sale perimeter:
Building and business
Asking price:
On request
Total floors:
8
Sale mode:
Asset deal and business deal
Year:
2006
Meeting space:
1 multipurpose room
Operativity:
Operational
Rooms:
85
Parking:
Outdoor

MAP

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