Vente fonds de commerce 04250 - Le Caire

Réf. : EVR-28131645

The Hussein Tourist Hotel is located in Hussein Square in Cairo, with a frontage of 65 meters facing the Hussein Mosque and Square directly, and a 35-meter frontage on the main Azhar Street. The hotel occupies a total area of 1070 square meters, with 535 square meters owned by the hotel registered as land, and another 535 square meters allocated to the ground-floor shops not owned by the hotel. The hotel consists of three floors, each covering an area of 1070 square meters.
The reception entrance is from Khan El Khalili, offering all its services, including stairs, elevator, lounge, and emergency stairs. The first and second floors comprise residential rooms, totaling 52 rooms, 4 suites, and 4 service rooms. The third floor houses a restaurant and café spanning 1070 square meters, with two lounges overlooking Hussein Square and Azhar Street, equipped with a kitchen, cafeteria, and two bathrooms. The rooftop includes 4 workers' rooms and 2 service rooms for the hotel.
The hotel, with a Google rating of 4 stars, has been closed for two years due to the need for renovation. The current room rental price is $50 per night.
It's worth noting that the area where the hotel is located, Hussein Square, is a tourist area with over 25 million visitors annually. The hotel presents a very strong investment opportunity with a price tag of $5 million.