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PROPERTY FEATURES
Asking price
€ 1.490.000
Rent P.A.
€ 80.880
Size
227 m2
Yield
5.4 %
SOLD
Lutherse Burgwal 5 & 5A, Den Haag, The Netherlands
PropertyDescription
The object concerns a national monument on the Grote Markt with a hotel permit located in the centre of The Hague. On the ground floor of the building there is a café with a total usable area of 58.60 m² (in accordance with NEN-2580). The hostel is divided into nine rooms and has an accommodation function (hostel) for which a licence has been granted. The hostel has a total usable area of 168.10 m² (in accordance with NEN-2580).
The current total annual rental income is EUR 80,880. From 25 June 2022, the total annual rent will be fully optimised to EUR 86,100. The vendor will provide a 12-month rental guarantee for this, provided that Roomplaza retains the lease.
The object is located in the heart of the city centre of The Hague near the terrace area of the Grote Marktstraat, shopping area "De Grote Markt". The object is easily accessible by car via the A12 and N44 motorways. There is ample parking space in the vicinity, such as the Q-Park located 100 metres away. The property is also easily accessible by public transport. The tram stop Grote Markt is within walking distance. In addition, there are supermarkets, places of entertainment and recreational facilities within walking distance.