ID: SaleHotel
Basic information: Information from the land registry: on the certificate from the register, the company owns the plots: A (131m2), B (573m2), C (437m2).
All properties are owned by the current owner, free from legal or other obligations.
Building plots located in a prestigious part of Prague. Embassies of different countries are located on this street. Behind the plots is a forest-park zone. On the plots, it is possible to build another building or apartment building. A building permit is obtained from the Prague 5 Construction Committee, based on the submitted project and accompanying documentation. At the moment, the hotel is in long-term lease.
Reason for selling real estate: transfer of company assets to another country.
The sale of the hotel together with the company is being considered. The owners of the company are ready to conduct a full audit and provide certificates of the absence of debts from the state. organs.
Hotel description:
The number of rooms is represented by: 11 rooms (7 doubles, 2 singles with the possibility of extra bed, 1 triple, 1 economy class), located on 3 aboveground floors, 1 underground floor. Average area of a double room: 20m2.
Room equipment: furniture, plasma TVs, air conditioners, ironing presses, hair dryers, air conditioners, safes.
The hotel has a camera surveillance system, fire safety (in all rooms), systematic booking, reporting.
Business development prospects:
An owner-owned hotel has many advantages over other active businesses. This is a real estate in a relatively close to the center of Prague, the price of which is increasing every year. In addition to the hotel, the owner owns 10 acres of land suitable for expanding a business or building his own private house.
Expected growth in the price of commercial real estate in Prague: 30%.
Expected rate of Kč / Euro for 2024 (according to the policy and forecasts of the Czech National Bank): 25.5 Kč per 1 Euro.
Probability of selling active commercial real estate if necessary: 70%.
Target audience of clients:
1. Tourists:
During the tourist season, the bulk of the hotel’s visitors are tourists from Eastern, Central and Western Europe. The main source of booking is online portals such as Booking.com.
Working with travel agencies and operators is ineffective, since the proposed amount for the tourist’s accommodation does not cover the cost of accommodation and services.
2. Corporate clients:
The hotel is located in a relatively active part of Prague, not far from the Business park Košíře business center (500 m), 5 car saloons and the Anděl business center. This explains the rather high percentage of corporate clients (primarily from the Czech Republic, Slovakia and Germany) in the hotel.
The big advantage of working with corporate clients is the low influence of seasonality on attendance, and the guarantee of a stable contract price for the accommodation of company employees.
Most of the corporate clients are hotel guests, who are much easier for the hotel staff to work with.
Main partners:
Internet portals:
Booking.com
Hotel.cz
HRS.com
Hotel.de
Hotele.cz
Tripadvisor.com
Hotels.com
Venere.com
Praguehotels.cz
Travel.ru
Pragueshotel.net
Tiscover.com
Penziony.cz
Kayak.com
Other…
Companies and organizations:
Berner
Biersdorf
Primavera Andorrana
Siemens
Perfect Clinic
Helsinky Group
Careo s.r.o.
DOCUGROUP Slovakia s.r.o.
AC FINANCE v.o.s.
Ace-tech
ADFORS Czech Republic
AF – Engineering s.r.o.
AFOL s.r.o.
AFSI Europe s.r.o.
Agrostar cisterny
Audit účetnictví s.r.o.
Beiersdorf Slovakia s.r.o
Other…
The parties divide the legal costs of the transaction in half.
How the deal takes place:
1. Signing of the NDA agreement by both parties.
2. Provision of accounting and other documentation to the buyer.
3. Signing an agreement on a future purchase from a notary, transferring a deposit of 500,000 Kč to the account of a lawyer who will carry out the transaction.
4. Signing an agreement on the transfer of real estate / shares in the company to a new owner at a notary. Authorization of the notary to submit all notices to the Commercial Court / Real Estate Cadastre.
5. Transfer of rights to property or shares in a company to a new owner.
6. Payment of the transaction amount to the seller from the lawyer’s account after confirmation of the registration of the new owner of the property / new owner of the company is received.
7. Transfer of rights and property to a new owner. Signing of the transfer deed.
Ready for sale
Price: 45 000 000 CZK
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