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on request
21
Room
Private offer
Gastronomy / accommodation
Hotel

Built around 1580 as a town hall, the building burnt down to its foundations in the town fires around 1800 and was rebuilt as a town hall around 1850. From 1907 it served as a hotel and Ratskeller, which was operated by the HO until 1990 and then renovated by a private investor (1994 and ongoing) and has been run as a hotel and restaurant with a good reputation ever since.
On the ground floor there is the Ratsstube, 2 guest rooms with bar as well as ancillary and service rooms (kitchen etc.). On the 2 upper floors there are 21 hotel rooms, some of which can also be rented out as apartments/flats; corresponding intermediate doors and kitchen connections are provided by the customer. Electrical and equipment with connections in each room for Internet access points
have been installed, and most of the floor coverings have also been renewed in the last 4 years.
There is a certain maintenance backlog (rear roof, facade, approx. € 80,000)

The hotel has a long-term lease and enjoys a very good reputation for excellent Indian cuisine and affordable accommodation.

The hotel is rated 4.1/5 on Google.

Are you interested in this offer?

Object Number
OM-199462
Object Class
Gastronomy / accommodation
Object Type
Hotel
Handover from
By arrangement

Purchase price & additional costs

purchase price
on request

Details

Condition
Modernized
Monument protection object
Yes
Number of floors
3
Total area
1000 m²
Side / storage area
120 m²
Gastronomy area
280 m²
Bathrooms (number)
21
Restaurant seats (number)
120
Flooring
Laminate, Carpet, Tiles
Heating
Central heating
Year of construction
1850
Equipment
Balcony, Terrace, Garden, Basement, Shower bath, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The Hotel Ratskeller Eibenstock offers individually furnished rooms with a private bathroom. Some rooms can also be offered together as self-contained apartments. Each room has satellite TV and Internet access.
The rooms are simply furnished and, according to some guests, are getting on in years.
It may make sense in the medium term to update the rooms and upgrade them back to 3* level, for which a cost estimate of around € 100,000 is available; however, such an upgrade is not in line with the tenant's business model.

In the past, the hotel has been rated very highly for its excellent traditional German cuisine: E.g. at holidaycheck.de: hotel5.6/6 rooms 4.9/6 service 5.9/6 location 5.8/6 and gastronomy 6.0/6 sports & entertainment 5.3/6
After a certain dry spell, the new tenant has built up a good reputation: 4.1/5 Google

Location

The small town of Eibenstock with its 5,000 inhabitants is located between the dam and the Auersberg and forms a tourist center in the Western Ore Mountains. As early as the Middle Ages, the old mountain town was granted a town charter and thus acquired a central function in the Auersberg region.

Thanks to its excellent location in the center of Eibenstock, this hotel is just a 10-minute walk from: Eibenstock Embroidery Museum, Eibenstock Mini Golf Hall, Adlerfelsenbahn with artificial snow-covered ski and toboggan run and Wurzelrudi's Adventure World with summer toboggan run, maze etc. (https://winter.wurzelrudis-erlebniswelt.de/) and the Kunsthof (www.kunsthof-eibenstock.de).
­
The average occupancy rate in Eibenstock is around 80% in "normal" times.
The Badegärten-Spa with its unique sauna landscapes from all over the world (www.badegaerten.de) and one of the most modern riding facilities in Germany (www.sporthotel-reitanlage-eib­enstock.de) are approx. 1.5 km away, the Eibenstock dam and the Kammloipe (www.kammloipe.de) approx. 3 km.

Location Check

Health
50m
Nature
300m
Eating Out
50m
Shopping
50m
Sports
250m
Culture
200m
Nightlife
50m
Public Transport
100m
Child Friendliness

Energy

Main energy source
Gas

PDF

Miscellaneous

The hotel is currently leased; the restaurant has very good reviews, the hotel itself has rather mixed ratings, but since around May there has been a clear upward trend, thanks to new staff.

The property is only being offered for sale because the ownership company has been terminated and the partners live abroad.

Send a message directly to the seller

Questions about the object? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Ludolf Von Usslar

Phone: +44 7379 289070