Hotel Restaurant In The Beautiful Mosel Valley For Sale

Business description

In the midst of the vinyard regions of the Mosel Valley, this fully operational and successful Hotel-Restaurant is offered for sale by owner, due to retirement. Situated riverfront it boasts beautiful views of the Mosel River, a top European tourist destination, and it's surrounding hills. With 28 rooms, 2 holiday apartments, a large restaurant (seats 90) with terrace(seats 50), bar (seats 30), conference/function room, owners residence and staff accomodations, this FREEHOLD business is a rare opportunity at this price. The Hotel has excellent bookings year round (Jan-Feb low season) with well established tour companies and many repeat guests. Full financial details are available upon request.

Property information

Real Estate:

Real Property Included

Living accommodation:

Owners residence is a 3 bedroom, 1 bathroom, kitchen, living room apartment within the complex but with private terrace and entryway, and garden to to the rear. Staff accommodations for up to 4 people.

Location:

Riverfront and only 300m from town square

Other information

Expansion potential:

The hotel has excellent yearly bookings but there is always potential for expansion, especially in the quieter months (current owner prefers to take a holiday). Daily Coach tour business could easily be improved. There are also many opportunites to be had in the area of functions/conferences and there are currently two large, appropriate rooms that are not being utilized.

Competition / Market:

This is the only hotel in Treis, the competition consists of only a couple of small guesthouses

Support & training:

Handover and support training available (owner will stay on) for a negotiable period

Reasons for selling:

Owner wishes to retire

Trading hours:

0700-2400, 7 days in season

Furniture / Fixtures value:

€100,000

Contact the seller