Description
Built in 1965 and expanded in 1994, the property sits on a plot of approximately 12,338 m². It features a total of 10 rooms and is currently operated as a bed and breakfast/boarding house, allowing for both short-term and long-term rentals. Only room rentals were considered in the profit and loss statement. The current occupancy rate is 31%, achieved without significant advertising efforts. The restaurant, which is owner-operated, also generates a positive cash flow. In our opinion, the location is ideal. The property also offers development potential, as a project plan for an expansion exists. The existing zoning regulations permit future construction to expand and further modernize the hotel. In addition, a 96 m² apartment suitable for private use, vacation rentals, or management is available, providing further possibilities for the building's use. The building complex underwent comprehensive modernization and renovation in 1994 as part of the expansion and conversion process. The renovations and additions have improved comfort and the quality of the amenities. All rooms and common areas offer the necessary amenities and meet the standards for a pleasant stay. The entire complex features a restaurant, a breakfast room, and a bowling alley. A lovely outdoor terrace invites guests to relax and is ideal for cyclists traveling along the Dortmund-Ems Canal who wish to take a break. Ample parking is available for guests. The hotel's location is attractive for both guests and operators, offering convenient access to public transportation and shopping facilities. The surrounding area boasts excellent infrastructure and a wide range of leisure and recreational opportunities that appeal to both guests and staff. Overall, with its well-maintained facilities, development potential, and attractive location, the property presents an interesting investment opportunity in the hotel industry. Potential buyers have the chance to acquire an established hotel with growth potential and benefit from long-term returns. The property is located in the Rheine-Altenrheine district. The district is located in the northwestern part of Rheine and enjoys an attractive location on the Dortmund-Ems Canal. Altenrheine offers a quiet and green environment, ideal for those seeking relaxation. The Ems Canal and the many parks in the surrounding area provide ample opportunities for leisure activities. All amenities for daily needs are within easy reach. Rheine also caters to your culinary needs. The hotel is situated in the quiet yet conveniently located Altenrheine district of Rheine. This location offers a perfect blend of proximity to nature and excellent accessibility, making it ideal for business travelers, vacationers, and tradespeople. - Macro location: Rheine, in the northern Münsterland region near the Dutch border, is conveniently located between Münster and Osnabrück. The city offers a high quality of life and is an ideal starting point for activities in the region. With approximately 80,000 inhabitants, Rheine is one of the largest and most livable cities in the Münsterland. Whether it's walks along the Ems River, a wide range of sports and leisure activities, well-attended events like the Rheine children's flea market, or an impressive variety of shopping opportunities, Rheine has something for everyone. - Microlocation: The hotel is conveniently located just outside the city of Rheine in the district of Altenrheine. The Dortmund-Ems Canal and the Bentlager Forest offer recreational opportunities in the immediate vicinity and attract many cyclists from the region. Thanks to quick access to the B481 federal highway and the A30 motorway, cities like Osnabrück and Münster are easily reachable. This is particularly advantageous for tradespeople working in different regions. - Transport connections: Rheine boasts excellent transport connections. The property is located in close proximity to the A30 motorway. This allows for quick access to Osnabrück and the Netherlands, as well as to Emden and the Ruhr area via the A31 and A1 motorways. The nearest airport, Münster/Osnabrück, is approximately 30-40 minutes away by car and easily accessible. Dortmund Airport is an alternative, approximately one hour away. Furthermore, all local and long-distance transport connections are within easy walking distance. A bus stop is located directly in front of the hotel. Regular bus services offer numerous connections to the city center and other parts of the city. The main train station is approximately a 10-minute drive away. It also offers excellent connections to Münster, Osnabrück, and more distant cities. - Accommodation for tradespeople: The hotel offers comfortable rooms for tradespeople with practical amenities such as free Wi-Fi, cooking facilities, and ample parking. Its proximity to major industrial parks makes it an ideal accommodation for tradespeople who need a central and well-connected base. Description of the main building, constructed in 1964: - Foundation: rammed concrete - Basement walls: sand-lime bricks - Ground floor and basement ceilings: reinforced concrete - Backing walls (ground floor): 17.5 cm lattice bricks - Interior walls: sand-lime bricks - Ground floor partition walls: pumice blocks - Roof construction: timber collar beam roof with clay roof tiles - Floors: floating screed with tiles, PVC or laminate flooring - Windows and exterior doors: double glazing, pine wood - Electrical installation completely new, year of construction: 1994 - All necessary piping systems new/modernized, year of construction: 1994 - Interior of the old building modernized, year of construction: 1994 Extension and addition for the accommodation business, year of construction: 1994 - Walls: brick veneer, reddish-brown - Roof: pitched roof with tile covering, flat roof In certain areas - Doors and windows: double glazing, wooden windows, aluminum door in the stairwell area - Paving: asphalt driveway, parking spaces in grass pavers - Children's playground: 50 m², standard equipment - Landscaping: ground cover and shrubs - Electrical installation from the year of construction: 1994. An energy performance certificate is available. This is valid until August 24, 2034. Final energy consumption for heating is 196.80 kWh/(m²*a). Final energy consumption for electricity is 71.00 kWh/(m²*a). The primary energy source for heating is oil. MONEY LAUNDERING: As a real estate brokerage firm, von Poll Immobilien GmbH is obligated under Section 2 Paragraph 1 No. 14 and Section 11 Paragraphs 1 and 2 of the German Money Laundering Act (GwG) to establish and verify the identity of the contracting party when entering into a business relationship, or as soon as there is a serious interest in concluding a real estate purchase agreement. For this purpose, we are required under Section 11 Paragraph 4 GwG to record the relevant data from your identity card (if you are acting as a natural person) – for example, by taking a copy. In the case of a legal entity, we require a copy of the commercial register extract showing the beneficial owner. The Money Laundering Act stipulates that the broker must retain the copies or documents for five years. As our contracting party, you also have a duty to cooperate under Section 11 Paragraph 6 GwG. LIABILITY: Please note that the property information, documents, plans, etc., that we provide originate from the seller or landlord. We therefore assume no liability for the accuracy or completeness of the information provided. It is the responsibility of our clients to verify the accuracy of the property information and details contained herein. All real estate offers are subject to change without notice and are subject to errors, prior sale or rental, or other prior use. OUR SERVICE FOR YOU AS A PROPERTY OWNER: If you are planning to sell or rent your property, it is important for you to know its market value. Have the current value of your property professionally assessed free of charge and without obligation by one of our real estate specialists. 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