As stated in the property title, the true value of this future 4* hotel is inside the building.
Built in 1975, the hotel was acquired by the current owners in 2016 with the aim of relaunching it as a modern, high quality 4* star hotel.
However, personal circumstances crossed their path, preventing the building project from being completed.
The current renovation volume so far is already proven to be more than € 1,000,000.
The concept of the reopening shows a lot of attention to detail and is well thought out. The work carried out so far has been done professionally and the choice of materials meets the highest standards.
This property is looking for a suitable investor to make the diamond sparkle. The current owner would even be very happy if she could take over the daily, operational business after completion of the conversion measures - this is of course not obligatory!
Concept and future equipment
After completion of the planned investment measures, the hotel with approx. 1500 m² of economic area has the following capacities:
24-28 beds in: 2 single rooms; 5 double rooms, 4 suites and a holiday apartment with up to 4 sleeping places. All guest rooms will have a high standard of living.
In the restaurant area, the property provides for a breakfast room/restaurant with seating for approximately 30 guests. Adjacent to the breakfast room/restaurant is a large outdoor terrace, which can of course also be used. This terrace has a little more than 100 seats.
Adjacent to the breakfast room/restaurant and facing the street, a bakery shop with a café is planned. This bakery shop is fronted by another small open terrace facing the street.
During lunchtime, the café is also to be used as a self-service restaurant with a small selection of ready-made dishes from a regular butcher.
Other operational areas:
The basement of the hotel houses the building infrastructure as well as the leisure area. This consists of an attractive fitness room, a massage room, bicycle cellar for guest bicycles and rental bicycles and a wine bar with a beautiful wine cellar. There will also be a wine shop under the front terrace in cooperation with two local vintners.
An existing garage will house a motorcycle workshop in cooperation with a Harley-Davidson dealer.
The core of the leisure area, however, is a swimming pool with a water surface of approx. 50 m² with a small wellness area, sauna and infrared cabin.
The street-facing terrace is a good draw for passing bikers, commuters, cyclists and transients. The exterior view presented in the concept shows a modern and inviting hotel.
According to the existing business plan, an investment of approx. 500,000 € is still required until completion.
The hotel currently has 2 floors, an extension with a complete further penthouse floor would also be conceivable. A semi-finished staircase for this has already been installed.
Manderscheid is known as a 2-castle town and tourist destination. It is located in the Volcanic Eifel and is a tourist magnet due to its two castles beautifully situated in the valley. The Eifel has attractive hiking routes such as the Eifelsteig with a total length of 313 km.
The distance to well-known tourist centres such as Bernkastel-Kurs, Bremm (located on the Moselle) is only a few minutes via the A1 motorway. The Nürburgring is only 40 km away and motorcycle tourists like to use the Dauner Straße as an access road.
We ask for your understanding that viewings can only take place after presentation of proof of liquidity.
Detailed business plan, floor plans, concept are available and can be viewed with demonstrable interest and proof of liquidity.
Energy Performance Certificate not available yet (requested for) EPC valid until 26.10.2029